Overall Annual Limit definition

Overall Annual Limit means benefits payable in respect of expenses incurred for treatment provided to the Insured Person during the period of insurance shall be limited to Overall Annual Limits as set forth in the Schedule of Benefit irrespective of a type/types of Disability. In the event the Overall Annual Limit having been fully paid, all insurance for the Insured Person hereunder shall immediately cease to be payable for the remaining Policy year.
Overall Annual Limit means the maximum aggregate amount of cover under Section A to Section G of the Benefits Provisions an Insured is entitled to during a Period of Insurance. Such overall annual limit is specified in the Schedule of Benefits.
Overall Annual Limit means benefits payable in respect of expenses incurred for services and/or treatments provided to the Person Covered during the Certificate Year will be limited to the Overall Annual Limit as stated in the Schedule of Benefits of Your Certificate irrespective of the type/types of Disability. In the event the Overall Annual Limit having been paid, all benefits for the Person Covered under Your Certificate will immediately cease to be payable for the remaining Certificate Year.

Examples of Overall Annual Limit in a sentence

  • In the event the Overall Annual Limit having been paid, all insurance for the Insured Person hereunder shall immediately cease to be payable for the remaining policy year.

  • Overall Annual Limit Yearly maximum limit This is the maximum we will pay for each member each policy year.

  • In the event the Overall Annual Limit having been paid, all insurance for the Insured Person hereunder shall immediately cease to be payable for the remaining Policy Year.

  • Unless otherwise noted, the following provisions apply to all Covered Securities beneficially owned by Supervised Persons.

  • In chapter 4, the differences and communalities between the guidelines of the different organizations will be analyzed in order to discuss new trends in sustainability reporting.2.3.1. The Global Reporting Initiative GuidelinesThe GRI guidelines and standards for sustainability reporting are the most commonly used standards by companies.

  • In the event the Overall Annual Limit having been paid, all insurance for the Insured Person hereunder shall immediately cease to be in force.INTENSIVE CARE UNIT (Maximum up to 30 days)Reimbursement of charges incurred during confinement as a bed-patient in the Intensive Care Unit of the Authorised Medical Centre.

  • In the event the Overall Annual Limit having been paid, all Takaful for the Person Covered hereunder shall immediately cease to be payable for the remaining Takaful Certificate year.

  • In no event shall the reimbursement exceed the both per year limit and Overall Annual Limit stated in the Schedule after the applied Deductible.

  • In the event the Overall Annual Limit having been paid, all Takaful for the Covered Person hereunder shall immediately cease to be payable for the remaining Certificate year.

  • Between 4th to 6th Policy Year, two claims were made, the Overall Annual Limit will remain at RM132,000 from 7th Policy Year to 9th Policy Year.


More Definitions of Overall Annual Limit

Overall Annual Limit means the aggregate sum of Benefits as shown in the Schedule of Benefits which the Member is entitled to receive during the Contract Year under Section A of the Description of Benefits.
Overall Annual Limit means benefits payable in respect of expenses incurred for treatment provided to the Covered Person during the Period of Coverage shall be limited to Overall Annual Limit as stated in the Schedule of Benefits irrespective of type/types of disability. In the event the Overall Annual Limit having been paid, all Takaful coverage for the Covered Person hereunder shall immediately cease to be payable for the remaining certificate year.

Related to Overall Annual Limit

  • Semi-Annual Period means each period of six-months, commencing on the first day of a Fiscal Year; provided that the first such period shall begin on July 1, 2013 and end on December 31, 2013.

  • Maximum Annual Debt Service means the largest Annual Debt Service for any Bond Year after the calculation is made through the final maturity date of any Outstanding Bonds.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.