Lifetime Benefit Limit definition

Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached.
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Lifetime Benefit Limit means the maximum amount of benefits paid by the Company
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Lifetime Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder cumulatively since the inception of these Terms and Benefits, irrespective whether any limits of any benefit items stated in the Benefit Schedule have been reached or whether the Annual Benefit Limit in a Policy Year has been reached. "Medical Services" shall mean Medically Necessary services, including, as the context requires, Confinement, treatments, procedures, tests, examinations or other related services for the investigation or treatment of a Disability. "Medically Necessary" shall mean the need to have medical service for the purpose of investigating or treating the relevant Disability in accordance with the generally accepted standards of medical practice and such medical service must –
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Examples of Lifetime Benefit Limit in a sentence

  • Coinsurance Maximum (excludes deductible) Individual $1,400 $2,100 $3,100 Family $3,700 $5,250 $6,450 Out-of-Pocket Limit (plan pays 100% of covered services for remainder of year) Individual $2,800 $4,200 $6,200 Family $6,500 $9,750 $12,700 Lifetime Benefit Limit Unlimited Unlimited Unlimited 1 Family deductible must be met before plan coinsurance applies for any covered member of family.

  • Coinsurance Maximum (excludes deductible) Individual $5,400 $7,500 $9,300 Family $11,700 $15,500 $18,600 Out-of-Pocket Limit (plan pays 100% of covered services for remainder of year) Individual $10,800 $15,000 $18,600 Family $22,500 $30,500 $37,200 Lifetime Benefit Limit Unlimited Unlimited Unlimited • Must be your only medical coverage (cannot be covered under a spouse or Medicare).


More Definitions of Lifetime Benefit Limit

Lifetime Benefit Limit. , or "lifetime limit" means the dollar
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Related to Lifetime Benefit Limit

  • Annual Benefit Limit means the maximum amount of benefits paid by the Company to the Policy Holder in a Policy Year irrespective of whether any limits of any benefit items stated in the Benefit Schedule have been reached. The Annual Benefit Limit is counted afresh in a new Policy Year.