True Group Plan
Definition of "True group plan"
Insurance arrangement in which all employees of a given business firm are accepted into a plan regardless of their physical condition. The employee cannot be required to take a physical examination in order to qualify. The employees are covered under a Master Contract.
Popular Insurance Terms
Maximum amount that an insurance company will pay under a liability insurance policy for bodily injury incurred by any single person as a result of any one accident. ...
Policy that pays benefits to an insured who becomes ill or injured, provided that documentation is offered to confirm the illness or injury. ...
Coverage for damage due to peril! of war, usually written as part of an ocean marine insurance policy. ...
Same as term Limitations: exceptions and limitations of coverage; that is, the maximum amount of insurance coverage available under a policy. ...
Proportion of an insurance company's total surplus at the end of each year's operation that is distributed to policy owners of participating life insurance policies. ...
Sample of n elements selected from a population of A? elements in such a way that the sample has essentially the same characteristics as the population. The random sample serves as the ...
Legislation that changed the tax treatment concerning child-care expenses so that an employee who has incurred child-care expenses greater than $4800 and who is participating in a ...
Independent agency supported by the insurance industry that tests a variety of materials, products, and devices, such as appliances and electrical equipment, to assure that they meet safety ...
Stipulations of the rights and obligations of an insured and an insurer under a policy. ...
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