Definition of Carryover Provision:
Carryover Provision means, Multi-year pricing system consisting of various insurance contracts which proves that the losses incurred by reinsurance car insurers during a specified period apply to the previous period (maximum loss) or the subsequent period (loss from loss). Can be done
Some health insurers defer medical expenses paid by members for the last three months of the year and apply them to next year's deductions.
An insurance agreement provides for a deferral that allows you to collect end-of-year expenses and add them to the insurance deduction for the following year. This type of provision is sometimes found in certain health insurance contracts and insurance coverage. Some insurance policies offer deferred credit to encourage potential policyholders to decide to take out an insurance policy.
A deferred supply is also known as a deductible deferred credit.
Literal Meanings of Carryover Provision
Meanings of Carryover:
Anything that comes from a past situation or context or was moved
Sentences of Carryover
Slow trade over last week's big losses
Meanings of Provision:
Supply of food, drink or luggage especially for travel.
The organization owes a certain amount to the account.
Staging, or spreading work, to be used.
Quantity or supply or delivery of goods.
A condition or requirement in a legal document.
Dates of benefits, especially directly from the Pope, not from the boss, and actually before the release.
Sentences of Provision
Civilian military contractors are responsible for providing these troops
Financial institutions need to protect themselves from default
Basic provisions of civil rights
Synonyms of Provision
fit up, donation, presentation, clause, giving, furnishing, equip, services, provide, arrangements, amenities, term, allocation, resource, outfit, supplying, solutions, supply, furnish, equipment