Assessment Period

(redirected from Assessment Periods)

Assessment Period

In assessable insurance, the period of time during which the insurance company has the right to determine whether or not it should charge an additional premium. Assessable insurance is an insurance policy in which a premium is paid up front, but in which the insurer reserves the right to require another premium to be paid if losses resulting from claims exceed the amount the policyholder contributed in the initial premium. To protect the policyholder, this determination must be made during the assessment period.
References in periodicals archive ?
Stability over time was assayed by correlating the score for each index across adjacent assessment periods.
GSK finished in the top 5 corporations in the Overall Needs category of the twice-annual corporate assessments during nine of the 10 assessment periods since the PAR-Rx Report began in January 2001.
SALP ratings for Summer Station for the current and previous assessment periods are as follows:
All those health boards yesterday stressed the ops were very rare and only carried out after assessment periods of up to two years.
With fully-trained support staff across Wales ready to work with new carers and guide them, FCA Cymru offer full support and guidance to carers and children alike to ensure that each relationship fulfils the children and the family as whole" Placements can range from short-term assessment periods, which last up to 12 weeks, to long term and FCA Cymru provides support, training and a financial allowance.
The program has also been changed to essentially be open all year with three assessment periods enabling sporting clubs and associations to submit an application for funding at any time, Minister Higgins said.
They can also ramp up capacity quickly to accommodate the massive surges that occur particularly during traditional assessment periods.
Averaged across posttreatment and follow-up assessment periods, the mean weight loss was 6.
Decline" means that over the assessment periods, there has been a one-level decline in at least two of these ADLs or a two-level decline in one of them.
A decline in activity scores was reported between the two assessment periods for indicators 2.
The index reflects the average of trades concluded during two assessment periods in the day, the first of which is 11:00-11:30 UK time and the second 15:45-16:45 UK time.
A high degree of thoroughness in evaluating new products and technologies, which leads to long assessment periods and slow decision-making
Full browser ?