Carryover Provision

Carryover Provision,

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

Carryover:

Meanings of Carryover:
  1. Anything that comes from a past situation or context or was moved

Sentences of Carryover
  1. Slow trade over last week's big losses

Provision:

Meanings of Provision:
  1. Supply of food, drink or luggage especially for travel.

  2. The organization owes a certain amount to the account.

  3. Staging, or spreading work, to be used.

  4. Quantity or supply or delivery of goods.

  5. A condition or requirement in a legal document.

  6. Dates of benefits, especially directly from the Pope, not from the boss, and actually before the release.

Sentences of Provision
  1. Civilian military contractors are responsible for providing these troops

  2. Financial institutions need to protect themselves from default

  3. 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

Carryover Provision,

What is Carryover Provision?

  • Definition of Carryover Provision: The multi-year pricing system in various insurance agreements specifies that losses incurred by the reinsurer within a specified period can be applied to past results (loss reporting) or period (loss reporting).

  • Provisions for specific health plans that allow members to defer medical expenses paid in the last three months of the year and deduct their application for the following year.

Literal Meanings of Carryover Provision

Carryover:

Meanings of Carryover:
  1. Anything that is the result of a previous situation or past situation.

Sentences of Carryover
  1. Slow trade is hampering last week's big losses.

Provision:

Meanings of Provision:
  1. Supply or supply of goods

  2. Quantity or item is delivered.

  3. Benefit dates, especially from the pope directly to the boss, and initially before he is released.

Sentences of Provision
  1. Change traffic

  2. The first private action under the provisions of the 1989 Water Act.

  3. Civilian contractors are responsible for supplying these troops.

Synonyms of Provision

condition, benefits, distribution, delivery, concession(s), stipulation, equipping, opportunities, assistance, limitation, specification, offering, facilities, reservation, qualification, means, rider, providing, resource(s), allowance(s), purveying, restriction, funds, caveat

Carryover Provision,

What is The Definition of Carryover Provision?

  1. You can define Carryover Provision as, A multi-year pricing system in various reinsurance agreements that specifies that the loss to the reinsurer within a specified period can be applied to the previous result (loss compensation) or term (compensation). About loss).

  2. Carryover Provision definition is: Arrangements for specific health plans that allow participants to defer medical expenses paid in the last three months of the year and deduct their application for the following year.

Literal Meanings of Carryover Provision

Carryover:

Sentences of Carryover
  1. Slow trading is a drag on last week's big losses.

Provision:

Meanings of Provision:
  1. Quantity or item delivered or delivered.

  2. Benefit dates, especially from the pope instead of the boss, and initially before his release.

Sentences of Provision
  1. Changes in the level of transportation offered

Synonyms of Provision

requirement, proviso