Coverage Level means the Single Life Coverage insurance death benefit the Employee is eligible for under the Plan, determined based on the Employee's job classification, in accordance with the schedule of Coverage Levels maintained by the Plan Administrator. Provided, however, that to determine the amount of insurance death benefit for which an Employee is eligible, the applicable amount from the schedule of Coverage Levels shall be reduced by one hundred percent (100%) of the amount of any Single Life Coverage insurance death benefit and by fifty percent (50%) of the amount of any Survivorship Coverage insurance death benefit provided to the Employee under the BellSouth Split-Dollar Life Insurance Plan, the BellSouth Corporation Executive Life Insurance Plan, or the BellSouth Corporation Senior Manager Life Insurance Plan.

Coverage Level means the percentage of the total production, insured value or livestock numbers on any farm enterprise that is insured under an insurance scheme and has the same meaning as set out in the Act;

Coverage Level means the percentage of the probable yield of an insurable crop in any risk area or in any farm enterprise that is insured under an insurance scheme and has the same meaning as set out in the t;

Examples of Coverage Level in a sentence

The election of one type of coverage shall not preclude the Participant from electing the other type of coverage as to any increased Coverage Level the Participant becomes eligible for pursuant to Section 4.02 of the Plan.
If a Participant elects a Coverage Amount less than the Participant's Coverage Level (or fails to elect any Coverage), the Participant cannot later increase the Coverage Amount except in connection with a promotion under Section 4.02 of the Plan.
The additional Coverage Amount available to the Participant under this Section shall be equal to the applicable Coverage Level after the promotion reduced by any Coverage Amounts already in effect for a Participant.
If the Company is a member of an NAIC group, all members must elect the same Coverage Level, and the individual executing this Contract on behalf of the Company, by placing his or her initials in the box under (a) below, affirms that the Company has elected the same Coverage Level as all members of its NAIC group.
However, within sixty (60) days of becoming eligible to participate, a Participant can elect a Coverage Amount which is less than the applicable Coverage Level; provided, however, that the Coverage Amount elected must be an even multiple of $100,000.

More Definitions of Coverage Level

Coverage Level means the percentage of the probable yield of a crop in any risk area or in any farm enterprise that is insured under an insurance scheme;

Coverage Level has the meaning attributed to the term VTL in the Financing Contract.

Coverage Level means 90 percent of the Individual Survival Rate of the Insurable Hives.

Coverage Level means the category of coverage a Participant is enrolled in, as determined by the number of individuals who may have Eligible Expenses reimbursed by the Plan. A Participant's Coverage Level must be consistent across all portions of their Integrated Medical Plan enrollment. For example, a Single Coverage Level only provides reimbursement for a Participant, and not their Spouse, Dependent, or Eligible Child. Refer to the Plan Adoption Agreement for the Coverage Levels offered under the Plan.