Reduction in coverage definition

Reduction in coverage means a change made by the insurer which results in a removal of coverage, diminution in scope or less coverage, or the addition of an exclusion. Reduction in coverage does not include any change, reduction, or elimination of coverage made at the request of the insured. The correction of a typographical or scrivener’s error or the application of mandated legislative changes is not a reduction in coverage.”
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Reduction in coverage means a change made by the insurer which results in a
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Reduction in coverage. [intentionally deleted] as required in 3.E., above.
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Examples of Reduction in coverage in a sentence

  • Term Change in timescales Reduction in coverage Reduction in Speed Increased cost The actions set out in Clause 19.3 of the Contract.

  • Hence, to further explore the dynamics of our self-organising two-layer system, we have also used numerical simulations, expanding upon the experimental model.We have first solved the non-Oberbeck Boussinesq Navier–Stokes and temperature equations using the approximate parabolic equation of state for water, hence closely reproducing the ex- periments.

  • Seller Covenants that Seller, and its affiliates, suppliers, subcontractors, and manufacturers, shall not employ child labor, prison labor, indentured labor, slave labor, human trafficked labor, or use corporal punishment or other forms of mental or physical coercion as a form of discipline.

  • Reduction in coverage is sent on a conditional renewal notice, which is a 30 day notice.

  • Of direct relevance to our paper are the examination of the impact of trade openness on democracy in Eichengreen and Leblang (2008), Giavazzi and Tabellini (2005), L´opez-C´ordova and Meissner (2008), Papaioannou and Siourounis (2008), Rigobon and Rodrik (2005), and Rudra (2006).

  • Basic insurance: If you are eligible and continue your coverage, you elect a 75% Reduction, 50% Reduction or No Reduction in coverage.

  • Reduction in coverage: The new annual aggregate limit of $2,500 per policy represents a reduction in coverage with respect to losses that would have been covered in the past under Valuable Papers And Records - Cost of Research.

Related to Reduction in coverage

  • Reduction in Force means abolition of positions in an agency or part of an agency and the corresponding nondisciplinary removal of affected employees from such positions through separation from employment or through displacement to other positions.

  • Significant break in coverage means a period of 63 consecutive days during each of which an individual does not have creditable coverage.

  • Continuation Coverage means coverage under a COBRA continuation provision or a similar state program. Coverage provided by a plan that is subject to a COBRA continuation provision or similar state program, but that does not satisfy all the requirements of that provision or program, will be deemed to be continuation coverage if it allows an individual to elect to continue coverage for a period of at least 18 months. Continuation coverage does not include coverage under a conversion policy required to be offered to an individual upon exhaustion of continuation coverage, nor does it include continuation coverage under the Federal Employees Health Benefits Program.

  • Interest Coverage means as of the last day of any fiscal quarter, the quotient, expressed as a percentage (which may be in excess of 100%), determined by dividing EBITDA by Interest Expense; all of the foregoing calculated by reference to the immediately preceding four fiscal quarters of the Company ending on such date of determination.

  • Employee Contribution means any contribution made to the Plan by or on behalf of a Participant that is included in the Participant's gross income in the year in which made and that is maintained under a separate account to which earnings and losses are allocated.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Aggregate Reduction has the meaning specified in Section 1.3.

  • Coverage means the types of persons to be eligible as the beneficiaries of the Scheme to health services provided under the Scheme, subject to the terms, conditions and limitations.

  • Insurance Coverage Contractor shall, at Contractor’s sole expense, procure, maintain and keep in force for the duration of this Contract the following insurance conforming to the minimum requirements specified below. Unless specified herein or otherwise agreed to by the City, the required insurance shall be in effect prior to the commencement of work by Contractor and shall continue in force as appropriate until the latter of:

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Deductible has the meaning set forth in Section 11.1(e).

  • COBRA Continuation Coverage means the health care benefit continuation coverage mandated by the Consolidated Omnibus Budget Reconciliation Act and similar provisions of state law.

  • Insurance Amount has the meaning set forth in Section 6.08(c).

  • Disability allowance means monthly payments during

  • COBRA Coverage means continued medical and dental coverage under the Company’s benefit plans, as determined under section 4980B of the Code.

  • Special Hazard Coverage The Special Hazard Coverage on the most recent anniversary of the Cut-Off Date (calculated in accordance with the second sentence of this paragraph) or, if prior to the first such anniversary, $4,725,230, in each case reduced by Special Hazard Losses allocated to the Certificates since the most recent anniversary of the Cut-Off Date (or, if prior to the first such anniversary, since the Cut-Off Date). On each anniversary of the Cut-Off Date, the Special Hazard Coverage shall be reduced, but not increased, to an amount equal to the lesser of (1) the greatest of (a) the aggregate principal balance of the Mortgage Loans located in the single California zip code area containing the largest aggregate principal balance of Mortgage Loans, (b) 1.0% of the aggregate unpaid principal balance of the Mortgage Loans and (c) twice the unpaid principal balance of the largest single Mortgage Loan, in each case calculated as of the Due Date in the immediately preceding month, and (2) $4,725,230, as reduced by the Special Hazard Losses allocated to the Certificates since the Cut-Off Date. The Special Hazard Coverage may be reduced upon written confirmation from the Rating Agencies that such reduction will not adversely affect the then current ratings assigned to the Certificates by the Rating Agencies.

  • Minimum Essential Coverage has the meaning given in the Affordable Care Act, 26 U.S.C. §5000A(f).

  • Qualified disability expenses means that term as defined in section 529A of the internal revenue code.

  • Interest Coverage Amount The amount to be paid by the Depositor to the Trustee for deposit into the Interest Coverage Account on the Closing Date pursuant to Section 4.08, which amount is $____________.

  • extended reduction (qualifying contributory benefits means a reduction under this scheme for which a person is eligible in accordance with paragraph 88 or 95;

  • Employee Contributions are contributions made by a Participant on an after-tax basis, whether voluntary or mandatory, and designated, at the time of contribution, as an employee (or nondeductible) contribution. Elective deferrals and deferral contributions are not employee contributions. Participant nondeductible contributions, made pursuant to Section 4.01 of the Plan, are employee contributions.

  • Disability retirement for plan 1 members, means the period