Quarter Of Coverage
Definition of "Quarter of coverage"
Quarter credited, for retirement benefits under Social Security, when the worker's earnings exceed a minimum amount in a given quarter. Credited quarters are extremely important for fully insured and currently insured status to qualify for Social Security benefits. The minimum amount of earnings required for a quarter credited is subject to annual increases.
Popular Insurance Terms
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Written contract between an insured and an insurance company stating the obligations and responsibilities of each party. ...
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