Period of Coverage definition

Period of Coverage means the Plan Year, with the following exceptions: (a) for Employees who first become eligible to participate, it shall mean the portion of the Plan Year following the date on which participation commences, as described in Section 3.1; and (b) for Employees who terminate participation, it shall mean the portion of the Plan Year prior to the date on which participation terminates, as described in Section 3.2.

Period of Coverage means the Plan Year; provided, however, that with respect to a Participant who commences participation after the beginning of the Plan Year, the initial Period of Coverage shall run from the effective date of the Participant’s properly completed and executed Participation Agreement to the end of that Plan Year, and all subsequent Periods of Coverage shall be on the Plan Year basis; provided, further, that if a Participant modifies or revokes his or her Participation Agreement as permitted in Article VIII, a new Period of Coverage begins as of the effective date of such modification or revocation and shall run until the end of the Plan Year.

Period of Coverage means periods of contribution or any period treated as such insofar as it is considered equivalent to a period of coverage by the relevant legislation;

Examples of Period of Coverage in a sentence

• Policy means this individual policy document, the schedule of benefits, and any endorsements, riders or amendments that will attach during the Period of Coverage.

• Subject to the Terms of this insurance, and in the event the Insured Person has an Accident during the Period of Coverage which results in death during the Period of Coverage, the Company will pay an Accidental Death benefit in the amount of the Principal Sum shown in the BENEFIT SUMMARY.The Insured Person’s death must occur within ninety (90) days of the Accident and result, directly and independently of all other causes, from an accidental bodily Injury which is unintended, unexpected, and unforeseen.

• A Sponsoring Organization may request renewal prior to the expiration date of the then existing Period of Coverage in accordance with and subject to the Terms of the plan then in effect (including the Terms of the then applicable Master Policy) and so long as renewal Premium is paid when due and the Sponsoring Organization otherwise continues to meet the applicable eligibility requirements of the plan.

• Expenses incurred prior to the beginning of the current Period of Coverage or after the end of the current Period of Coverage except as described in Covered General Medical Expenses and Limitations and Extension of Benefits.

• No Medical Treatment Benefit is payable for Reasonable Expenses incurred after the Covered Person’s insurance terminates as stated in the Period of Coverage provision.

More Definitions of Period of Coverage

Period of Coverage means the Plan Year, with the following exceptions:

Period of Coverage means the Plan Year, unless otherwise provided in this document, e.g., in the case of a Qualifying Status Change Event or a newly hired Eligible Employee.

Period of Coverage means the period from the respective Entry Date, during which the insurance cover on the life of a Member continues under this Policy, as specified in the Schedule and/ or the Certificate of Insurance, as the case may be;

Period of Coverage. All Eligible members are covered as long as their membership is in force and in good standing. Your coverage will end on the earlier of the date: 1) The Master Policy is terminated; 2) You are no longer eligible; or 3) The period ends for which your membership is paid.

Period of Coverage means the period ------------------ commencing on the Effective Date and ending upon the date of termination of this Employment Agreement.

Period of Coverage means the stipulated period of five years or up to 100 000km (whichever occurs first) from the date of initial registration for which the vehicle shall enjoy the benefits of Maintenance Plan in terms of the provisions of this document.

Period of Coverage in relation to Korea means a period of contributions under the legislation of Korea and any other period taken into account under that legislation for establishing an entitlement to benefits or for calculating the amount of benefits;