answersLogoWhite

0

Lifetime maximum is how much the insurance will pay overall. So, if you have a $1 million dollar lifetime maximum, that's all your insurance will cover as long as you have that insurance. While a million dollars sounds like a lot, keep in mind that an extended stay for a catastrophic event can eat through that quickly. And things like heart bypass surgery can cost over $250,000. While most of us won't have to worry about the max, it's something to keep in mind.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

How can one get worldwide health insurance for life?

Worldwide health insurance for an unlimited time can be acquired by HealthCare International and Global Health Insurance. The HealthCare International has a life insurance policy that is annually renewable. The Platinum plan of Global Health Insurance is that as well.


Is it possible to unenroll from health insurance at any time?

No, it is generally not possible to unenroll from health insurance at any time. There are specific enrollment periods during which you can make changes to your health insurance coverage, such as during open enrollment or after experiencing a qualifying life event.


Is it possible for me to drop my health insurance at any time?

No, you cannot drop your health insurance at any time. Health insurance plans typically have specific enrollment periods or qualifying life events that allow you to make changes to your coverage. Dropping your health insurance outside of these periods may result in penalties or loss of coverage.


Is it possible to drop your health insurance at any time?

No, it is not always possible to drop your health insurance at any time. There are specific enrollment periods during which you can make changes to your health insurance coverage, such as during open enrollment or after experiencing a qualifying life event. Outside of these periods, you may not be able to drop your health insurance without facing penalties or consequences.


What does ''Catastrophic limit per person'' mean on an insurance plan?

On a health plan that is the limit the insurance company will pay over any period of time.


What type of insurance coverage will pay for the loss of a person's sight?

It is important to have different types of insurance during a life time. A persons health insurance coverage will pay for the loss of the person's sight.


Is it possible to switch health insurance at any time?

No, it is generally not possible to switch health insurance at any time. Most health insurance plans have specific enrollment periods during which you can make changes to your coverage. Outside of these periods, you may only be able to switch plans if you experience a qualifying life event, such as getting married or having a baby.


What is a private health insurance plan?

A private health insurance plan is one that you pay for yourself and covers you and your family. It is possible to have health insurance through your employer and private insurance at the same time.


Do part time employees get health insurance under ObamaCare?

Obama's health care plan does not require employers to extend health insurance benefits to part-time employees.


What is PTO mean for health insurance?

PTO means paid time off. This is considered while calculating disability wedges.


Do part time employees of Sears get health insurance?

yes--as of 6/2012, Sear's part-time employees are eligible to enroll for health insurance.


If you let a life insurance policy lapse and then later have it reinsted how long do you have to wait before you can sell that life insurance policy?

What do you mean "Sell" the life insurance policy? Once it is back in force and you are the owner, you can cash it in at any time if there is in fact a cash value. I guess you would have to better define what you mean by selling it.