a limit on the amount of benefits paid out for a particular covered expense, as disclosed on the Certificate of Insurance.
a limit on the amount of benefits paid out for a particular covered expense, as disclosed on the Certificate of Insurance.
A combination of Term and Whole Life Insurance that pays some multiple of the face during the period of the Term policy, becoming a regular Whole Life policy after the Term policy expires. The multiple protection period is thus the period during which both the Term and the Whole Life coverages are in effect.