Summary of Coverage definition

Summary of Coverage means the description of health care services and benefits prepared on behalf of the PEBP by the third-party administrator to describe the details of a self-insured benefit program.

Summary of Coverage means this document, any riders or endorsements to this document, the application, and the Confirmation of Insurance all of which form the entire contract. “Terrorist Incident” means an act of violence, other than civil disorder or riot (that is not an act of war, declared or undeclared) that results in loss of life or major damage to property, by any person acting on behalf of or in connection with any organization which is generally recognized as having the intent to overthrow or influence the control of any government.

Summary of Coverage means the description of welfare plan services and benefits prepared on behalf of the Plan Administrator to describe the details of a self-insured Component Plan. A Summary of Coverage is a component of the Summary Plan Description as permitted by ERISA Reg. Section 2520.102-3(j)(2) and (3).

Examples of Summary of Coverage in a sentence

• We provide the insurance described in this section only if a premium is shown for Section A on the Summary of Coverage page.

• This exclusion does not apply if such discharge, dispersal, release or escape is sudden and accidental, but the most we will pay for any such sudden and accidental discharge, dispersal, release or escape, regardless of the limit applicable to Section A, is the amount shown for this endorsement on the Summary of Coverage page and this amount shall be part of and not in addition to the Section A limit.

• The application form, the Summary of Coverage page, the Policy, any document attached to the Summary of Coverage page when issued and any amendment to the Policy agreed upon in writing after the Policy is issued, constitute the entire Policy, and no agent has authority to change the Policy or waive any of its provisions.

• We provide the insurance described in this section only if a premium is shown for Section B on the Summary of Coverage page.

• The endorsements set out in this section apply to every policy, with the exception(s) of: Fire Fighting Apparatus, Excluding Named Person, Fire and Theft Deductible, Replacement Cost Coverage, Incidental Commercial Use (Section C) and Incidental Commercial Use (Sections A, B and C) which apply only if indicated on the Summary of Coverage page.

• If more than one snowmobile is insured under this policy, the endorsement shall apply only to the snowmobile for which it is shown on the Summary of Coverage page, except in the case of the Environmental Liability Limitation and Approved Driver Warranty endorsements.

• Stated Value In respect to loss or damage for which you are insured under Section C, we agree that the described snowmobile is valued at and insured for the amount shown for this endorsement on the Summary of Coverage page, subject to the applicable Section C deductible.

• When the loss involving the described snowmobile is a partial loss only, our liability is limited to the cost of repair, less the applicable Section C deductible, but such cost shall not exceed the amount shown for this endorsement on the Summary of Coverage page.

• Replacement Cost Coverage In the event that loss or damage to your snowmobile for which you are insured under Section C exceeds the deductible amount shown on the Summary of Coverage page, we agree to waive Statutory Condition 4(5) which limits our liability to the actual cash value of the snowmobile, subject to all terms and conditions set out in this endorsement.

• The Summary of Coverage page shows your name and/or organization, particulars of your snowmobile(s) as well as the coverages, deductibles, endorsements and policy limits that apply.

More Definitions of Summary of Coverage

Summary of Coverage. The policy covers bodily injury and property damage losses covering the bobtail and deadhead liability exposure of Owner/Operators under exclusive contract for the Company and for uninsured motorists.