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Explanation of Terms

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There are currently 3 terms in this directory beginning with the letter S.
Schedule of Benefits
Located near the front of a benefit booklet, the schedule of benefits gives a condensed breakdown of the coverage provided.

Stop Loss Insurance
Offsets the risk of unexpectedly high claims under a self-insured health plan. Once claims for an individual or family have reached a certain amount, the cost for any further claims during the policy year transfers from the employer to the insurer.

Survivor Benefits
ealth and dental benefits are extended to eligible dependents of a deceased plan member for a specified period of time, without payment of premium.

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