Insurance Benefit definition

Insurance Benefit means the liability of the Company with respect to a Loan calculated in accordance with this Policy. A right to receive an Insurance Benefit shall be deemed to have arisen when a Default occurs while the Policy is in force for a Loan, notwithstanding that the amount of the Insurance Benefit is not then either presently ascertainable or due and payable.

Insurance Benefit means the portion of the Claim Amount that we are contractually obligated to pay you in respect of a Claim, as determined under this Policy.

Insurance Benefit means an amount of money which Insurer shall pay to a person entitled to an insurance benefit under the insurance contract upon the occurrence of an insured event. The following persons shall be entitled to an insurance benefit under the insurance contract:

Examples of Insurance Benefit in a sentence

• SUMMARY OF BENEFITS PLAN A: MESSA PAK FOR EMPLOYEES ELECTING HEALTH INSURANCE BENEFIT PLAN Health MESSA Choices II Community Blue PPO, $10/10 Rx Copay (includes $5,000 with AD&D).

• APPENDIX A WORK LOCATIONS/Agencies with Corresponding AFSCME Local Unions and Chapters 000 XXXXXXXX X EYEGLASSES 124 APPENDIX FLEXIBLE BENEFITS PLAN 000 XXXXXXXX X ITEMS DELEGATED TO SECONDARY NEGOTIATIONS 126 Appendix E-2 HEALTH INSURANCE BENEFIT CHART 128 Appendix E-3 Dental Chart 135 Appendix E-4 Vision Chart 137 LETTER OF AGREEMENT #1 COMPENSATORY TIME 141 LETTER OF AGREEMENT #2 AFSCME And State of Michigan, Office of the State Employer—Article 16, Section J.

• Conversion - If the employee’s insurance under the EMPLOYEE LIFE INSURANCE BENEFIT terminates upon cessation of this LIFE PREMIUM WAIVER, he shall be eligible to exercise the LIFE CONVERSION PRIVILEGE as if his employment had terminated on the date this LIFE PREMIUM WAIVER ceased to apply.

• EMPLOYEE LIFE INSURANCE BENEFIT SCHEDULE EMPLOYEE LIFE INSURANCE BENEFIT Position Amount All eligible active employees with: months to years of service years to years of service years or more of service All eligible retirees who retire on or after June I, 1999: Note: Upon attainment of age your Amount of Employee Life Insurance will reduce to (but not less than $10,000) and if applicable will further reduce to upon retirement.

• APPENDIX “B” GROUP INSURANCE BENEFIT COVERAGE Group Insurance Benefit Coverage shall be provided by the Company as set forth below.

More Definitions of Insurance Benefit

Insurance Benefit means the amount of protection, for each covered event as shown in the Cooperative Insurance Policy Certificate or as notified to you at renewal.

Insurance Benefit means the benefit of any contract of insurance or of any indemnity provided by any third party.

Insurance Benefit means our liability with respect to a Loan calculated in accordance with the Master Policy.

Insurance Benefit means the liability of the Company with respect to a Covered Loan calculated in accordance with Section 8.5 (Insurance Benefit); it being understood that a right to receive an Insurance Benefit shall be deemed to have arisen when a Default that results in a Claim first occurs while coverage is in force for a Covered Loan, notwithstanding that the amount of the Insurance Benefit is not then either presently ascertainable or due and payable. The Insurance Benefit payable shall be subject to the Deductible Amount and/or the Aggregate Loss Limit, if such amount and/or limit apply.

Insurance Benefit means the amounts paid by a Patient's third party health insurer, government program or other third party payor for Product.

Insurance Benefit means an obligation under an insurance policy to pay an amount to or for the benefit of an insured person or to fulfil a non-pecuniary obligation upon the occurrence of one or more events provided for in the insurance policy and an amount that is payable under an insurance policy on account of such an obligation;

Insurance Benefit means the amount of money payable by the Insurer to the Insured Person and/or health care institution for health care services provided to or products purchased by the Insured Person due to an insured event in accordance with the terms and conditions of the Insurance Contract.