Sentences with phrase «plan maximums»
"Plan maximums" refers to the highest or maximum limits set for certain aspects of a plan or policy. It means that there are pre-determined boundaries or caps on certain elements, such as benefits, contributions, or coverage, which cannot be exceeded. Full definition
If you have the $ 120,000 per injury or sickness plan maximum, you will receive the $ 100,000 per injury or sickness schedule for age 70 and older.
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Because the plan makes no allowances for increases in the cost of living index, 501 (c) plan maximum contributions have remained the same since 1969.
The insured person may be expected to pay any charges in excess of the health plan maximum payment.
Rates are based on insured trip amount, age, and medical plan maximum.
If you have the $ 25,000 or $ 45,000 per injury or sickness plan maximum, you will receive the $ 40,000 per injury or sickness schedule for age 70 - 99.
The insured pet may be expected to pay any charges in excess of the pet health plans maximum.
Long - term disability coverage of 60 % of base salary, up to a monthly plan maximum benefit, after completion of waiting period.
The Good: This plan provides top - notch coverage with generous plan maximums, and a lot of features like identity theft, concierge services, and consult a doctor services.
Short - term disability coverage of 90 % of base salary for 12 weeks, up to weekly plan maximum benefit, after completion of waiting period.
If Terry retires at age 55, then we'll estimate he gets 70 per cent of the Canada Pension Plan maximum at 65, currently $ 13,610 or $ 9,527 per year with an age 65 start.
Many employee group insurance plans allow you to buy extra life insurance amounts beyond the basic plan maximums.
The Bottom Line: This plan provides basic and necessary worldwide medical coverage with scheduled benefits and predetermined plan maximums.
The policy terms could be for minimum of 5 years for Single and Regular Premium option, Premium Payment term +3 Years for Limited Pay option and maximum 30 years in all the plans
Most plans come with a variety of plan maximums and some are age - rated.
For example, if you want to be sure you have coverage for trip cancellation for a cruise that is costing you over $ 6,000, be sure the trip cancellation plan maximum covers up to that amount plus any other pre-paid nonrefundable trip costs.
Loans can be availed against this HDFC child plan which will be for a maximum of 80 % of the Special Surrender Value applicable under the plan
Benefits will be paid, up to the Maximum Benefit Amount shown in the Plan Participant's Schedule of Benefits, to reimburse the Plan
The Vanguard 529 Plan maximum contribution limit is $ 370,000.
If you have the $ 120,000 per injury or sickness plan maximum, you will receive the $ 100,000 per injury or sickness schedule for age 70 - 99.
Your total coverage can not exceed the plan maximum, which is $ 1,000,000.
Assumes LTD plan of 40 % income replacement to a $ 10,000 monthly plan maximum, coordinating with a GSI plan design of 75 % replacement to a $ 10,000 monthly plan maximum, for a combined coverage maximum of $ 20,000 between plans.
Your total coverage can not exceed the plan maximum, which is $ 1,000,000.
Maternity care is treated the same as any illness (conception must occur after the effective date of coverage) and routine care of newborns is also covered up to the plan maximum.
Customizable plan lets you choose the plan maximums and deductibles.
The Drawbacks: The plan maximum is not high relative to other plans and the coverage may not be enough if the traveler is very seriously injured.
After the situation that caused the evacuation is resolved, benefits are also payable (up to the plan maximum) to have the insured returned to the insured's original destination country, to the insured's home country, or to the insured's point of origin for the trip (depending on the plan).
Hospital of choice evacuation coverage is included (subject to conditions) up to the plan maximum.
This coverage pays for eligible expenses (up to the plan maximum) for transportation and related costs to get the insured to safety.
In the plan maximum are funds for death and dismemberment, ransom or extortion payments, recall costs, business interruption costs, consultant costs, and much more.
The plan pays 80 % up to the first $ 5,000 after the deductible is paid and 100 % after up to the plan maximum.
This plan is customizable, so the employer can choose the plan maximums and deductibles.
How the travel medical plan helped: It covered his medical expenses up to the plan maximum.
If you have the $ 100,000 or $ 130,000 per injury or sickness plan maximum, you will receive the $ 70,000 per injury or sickness schedule for age 70 and older.
By 2013, employee contributions to pretax health Flexible Spending Accounts will be limited to the company's plan maximum or $ 2,500 (whichever is less).