Coverage Limits means the maximum benefit any covered individual is eligible to receive for covered procedures in a benefit period.
Examples of Coverage Limits in a sentence
Underwriting guidelines and policies define the underlying operational execution principles for risk underwriting: Underwriting guidelines include the following elements:▪ Underwriting Data Requirements for Risk Assessment / Risk Rating.▪ Interests Insured and Insurance Options.▪ Coverage (Limits, Deductibles), Terms & Conditions, Exclusions.▪ Capacity, Pricing, Processes and Acceptance.▪ Accumulation Controls, Natural Catastrophe (Nat Cat) Exposure.