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Definitions for "Free Cover"
Keywords:  phi, scheme, assurance, evidence, benefit
Related Terms: Benefit, Fully insured plan, Group life, Continuation, Group insurance, Terminal illness benefit, Living benefit, Adb, Accelerated death benefits, Benefits, Minimum premium plan, Accelerated death benefit, Dependent life insurance, Group life insurance, Covered person, Accelerated death benefit rider, Living benefits, Fully insured, Master policy, Living benefits rider, Nonforfeiture benefit, Accidental death benefit, Group health insurance, Coverage, Guaranteed issue, Exclusions, Accelerated benefits, Conversion, Conversion policy, Double indemnity, Accidental death benefit rider, Franchise insurance, Accidental death and dismemberment rider, Ad&d, Individual health insurance, Mpp , Disability benefit, Benefit plan, Primary coverage, Exclusion rider, Lifetime maximum benefit, Survivor benefit, Individual insurance, Split dollar plan, Blanket contract, Exclusion, Certificate of coverage, Death benefit, Group, Eoi
Usually relates to group employee benefit schemes (life assurance, PHI) where an element of protection is offered without the need for medical evidence.
financial-planning.uk.com
The maximum amount of death benefit which an insurance company covering a group of members for death benefits is prepared to insure for each individual, without production of evidence of health.
iapf.ie
The extent to which death-in-service benefits will be made available under a group life assurance without investigation of an individual's health.
expertasig.ro
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