Laserfiche WebLink
DEFINITIONS (continued) <br /> POLICY MONTH means each calendar month within a Policy Period . If the effective date of this coverage <br /> is other than the first day of the calendar month , then the first Policy Month is from the effective date to the <br /> last day of the same month . <br /> POLICY PERIOD means the period of time shown on the Schedule . <br /> POTENTIAL LARGE CLAIM means any Covered Expense included on the list of Potential Large Claims <br /> shown in the claims provisions section . <br /> REIMBURSEMENT PERCENTAGE means the rate at which SAFECO will reimburse the Participating <br /> Employer, as shown on the Schedule . <br /> RUN -IN LIMIT means the maximum amount shown on the Schedule , paid by the Participating Employer <br /> for Covered Expenses incurred prior to the Policy Period , or during the Run-in Period which will be <br /> considered for reimbursement by SAFECO . <br /> RUN -IN PERIOD means the number of months immediately prior to the Policy Period as shown on the <br /> Schedule . <br /> RUN -OUT LIMIT means the maximum amount shown on the Schedule , paid by the Participating <br /> Employer during the Run -out Period for Covered Expenses incurred during the Policy Period which will be <br /> considered for reimbursement by SAFECO . <br /> RUN -OUT PERIOD means the number of months immediately following the Policy Period as shown on <br /> the Schedule . <br /> SCHEDULE means the Excess Loss Insurance Schedule of Benefits that is a part of this Policy. <br /> TERMINAL RUN -OUT PERIOD means the number of months immediately following the Final Policy <br /> Period as shown on the Schedule . <br /> LGC 8803 11 /01 3 <br />