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    • Coverage limits

    Definition of Coverage Limits

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    Coverage Limits means the maximum benefit any covered individual is eligible to receive for covered procedures in a benefit period.
    Sample 1
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    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.

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