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DEFINITIONS The following words and phrases are used throughout this Policy and have specific meaning for purposes of this Policy. AGGREGATE ATTACHMENT POINT means for the Policy Period , or any portion of the Policy Period , the amount of Covered Expenses for which the Participating Employer is responsible to pay. The Aggregate Attachment Point must be met in each Policy Period and will be determined at the end of each Policy Period . AGGREGATE REIMBURSEMENT MAXIMUM means the limit of SAFECO's liability in excess of the Aggregate Attachment Point per Policy Period , as shown on the Schedule . ALTERNATE INDIVIDUAL DEDUCTIBLE means the amount shown on the Policy page entitled Excess Loss Alternate Reimbursement Endorsement and is the amount for which the Participating Employer is responsible to pay. The Alternate Individual Deductible applies separately to each Covered Unit shown on the Excess Loss Alternate Reimbursement Endorsement. ASSOCIATED COMPANY means an affiliate or subsidiary of the Participating Employer, as shown on the Schedule . CLAIMS ADMINISTRATOR means a firm or person selected by the Participating Employer, having a written agreement with the Participating Employer to process Employee Benefit Plan benefits and provide administrative services . The term Claims Administrator" as as used in this Policy does not refer to the Plan Administrator used in the Employee Retirement IncomeSecurity Act (ERISA) of 1974 , as amended unless the Participating Employer has specifically appointed the Claims Administrator as such . COVERED EXPENSES means the eligible charges payable under the terms of the Employee Benefit Plan . Covered Expenses do not include charges that are : a . in excess of, or not covered by, the Participating Employer's Employee Benefit Plan ; or b , specifically excluded or limited by this Policy, the Participating Employer's Schedule , any endorsements , or any amendments . COVERED FAMILY UNIT means any eligible individual who becomes covered for benefits under the Employee Benefit Plan and that individual's dependents . COVERED UNIT means any eligible individual who becomes covered for benefits under the Employee Benefit Plan . DISABLED PERSONS are those Covered Units who , by reason of disability, are not actively at work or able to perform each of the usual and customary duties or activities of a person of like sex and age . DISCLOSURE STATEMENT means the written statement from the Participating Employer provided to and accepted by SAFECO that provides certain underwriting information regarding Covered Units , LGC 8803 11 /01 1