What Does Lifetime Maximum Mean?
What does Lifetime Maximum mean? Read on to discover the definition & meaning of the term Lifetime Maximum - to help you better understand the language used in insurance policies.
Lifetime Maximum
A lifetime maximum is the cap on the total benefits a policyholder may receive from their health insurance company over the life of the policy. Once it is reached, the insurer is no longer liable to pay for covered services.
We hope the you have a better understanding of the meaning of Lifetime Maximum.
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