Sentences with phrase «deductible limit»

There is a $ 3,000 annual deductible limit for taxpayers who are married filing jointly and a $ 1,500 annual limit if you file separately.

And remember: Choosing higher deductible limits can help lower the price of your small business auto insurance.

Every motor insurance plan offers the liberty of selecting a voluntary deductible limit.

As a large group, we are exempt from community ratings and maximum deductible limits.

For college students, the amount of personal property may not be as high, and so deductible limits become important to know about.

Suppose the top - up and the super top - up plans are both of Rs. 2 lakhs with Rs. 1 lakh deductible limit.

If your acquisition debt exceeds the $ 1 million limit, you can use up to $ 100,000 of home equity debt to extend the total deductible limit to $ 1.1 million.

A simple solution would be to provide the same tax - deductible limits for all employees.

Mr. Kabir didn't have any voluntary deductible limit in his current insurance policy.

The $ 100,000.00 vanishing deductible limit was also increased to $ 121,799.00.

Deductibles limit how much an individual will have to pay each year for their care, preventing costly fees from driving people into bankruptcy.

Deductible limit starts from Rs. 5lakh, much higher when compared to plans with Rs 1 lakh or Rs 2 lakh deductibles.

Earthquake insurance usually has higher deductible limits.

Today's personal finance challenge is to review your auto insurance's deductible limit to see if it makes sense to raise (or lower your deductible).

In order to be able to contribute to an HSA, your healthcare plan must meet certain High Deductible Health Plan (HDHP) deductible limits.

If you take out a per condition deductible, your deductible payments will be totalled across each claim related to the same condition until your deductible limit is reached and then the insurance company will pay for any additional expenses (excluding your co-pay option) regardless of how much time passes.

If you have a flat rate deductible of $ 1000 and your home damage repair estimate is $ 750, this means that you'll have to pay the full amount because it doesn't exceed your deductible limit.

Don't take a deductible limit you can't afford.

In some cases, if you are covered for co-pay and deductible, the insurance company will only cover you for expenses concerning your visits to the doctor, until you have reached your deductible limit.

The remaining Rs. 1 lakh here will still not be met by the top - up plan as your entire claim amount (Rs. 4 lakh) should be above the deductible limit of Rs. 5 lakh.

The second kind is a percentage copay, like 80/20, also called «coinsurance,» meaning that once you are past your deductible limit, you will pay 20 % of the rest of the bills and your insurer will pay 80 %.

The deductible limit makes these plans cheaper.

Simply tell us the type of dwelling you wish to cover as well as your deductible limits and other information.

From liability coverage to collision and comprehensive coverage, deductible limits, road emergency extras, and much more, customers can get a better knowledge about what they are buying through talking to insurers.

As you shop for insurance, it is important to compare not just the premium, or the out of pocket cost for your insurance, but also the deductible limit.

Coverage of Super Top Up policy triggers as soon as expenses born by you against one or more medical exigencies exhausts the Deductible limit during one policy year.

Dwelling coverage is usually subject to limits and deductibles Your limit is the maximum amount that your homeowners insurance policy will pay toward a covered loss.

This plan takes care of your medical expenses once you have exceeded the deductible limit in your present health plan.

A top - up plan considers every claim as an isolated incident and every isolated claim amount is tallied against the deductible limit.

If the claims amount higher than the deductible limit, these plans are triggered and the insurer settles the claims.

Top up plans follow a cost - sharing model and is functional in situations where the insured has to bear the treatment cost that exceeds the deductible limit of assured limit.

Simply put, once you spend your deductible limit, all extra medical expenses during the whole year are paid by New India Assurance if you buy this plan.

For example, your present health plan has a deductible limit of Rs 5 lakhs, and you are billed Rs 6 laks in some surgery.

The insurer reimburses the claim amount even when the claim overshoots the deductible limit.

The deductible limit acts as a threshold and claims up to the deductible limit are not payable under the plans.

There is no need to cross the deductible limits but can be aggregated during a policy period over multiple hospitalizations.

For instance, a top - up plan of Rs. 5 lakhs has a deductible limit of Rs. 2 lakhs.

In case the claim amount exceeds the deductible limit, these plans come into action and the insurer settles the claims accordingly.

On the contrary, a super top - up plan considers the aggregate values of all claims made within a policy year and compares this total value against the deductible limit.

A top - up plan looks at each claim in isolation and tallies each independent claim's amount against the deductible limit.

The super top - up plan, on the contrary, would be triggered in the second claim itself since the aggregate of both the claims comes to Rs. 1.4 lakhs which is above the deductible limit.

These plans are like regular health insurance plans with the added benefit of deductibles, wherein the deductible limit functions like a threshold, and claims to the extent of the deductible limit are not payable under the policies.

If any claim surpasses this deductible limit, the top - up plan is triggered.

He decided to keep the deductible limit at Rs. 3 lakh so that whenever the base policy cover is over-used, the add - on cover can be used.

You should ideally try to match the deductible limit of the top - up or super top - up plan with your existing health plan coverage.

A top - up plan has a deductible limit and claims beyond the deductible limit are honored under the plan.