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Frequently Asked Questions

What is stop loss coverage?

NCACC
A form of reinsurance also known as "aggregate excess of loss reinsurance" under which a rein surer is liable for all losses, regardless of size, that occur after a specified loss ratio or total dollar amount of losses has been reached. Provides coverage once claims arising out of a single occurrence exceed the retention specified in the policy declarations.

Q...Do I have to purchase the Stop Loss insurance coverage?

FAQs for Private Health Services Plan
A...No, you don't qualify if you are not receiving a salary from your corporation. Without a salary, CCRA would consider it a shareholder benefit instead of an employee benefit. A...You may have noticed the high cost of maintaining an employee benefits plan and the cost is increasing yearly. It is likely that the health and dental choices you have made do not satisfy everyone in the group.

What is stop-loss?

Health & Pension
The maximum amount the insured would pay per calendar year. Example: If the insured has a 70/30% co-insurance and the maximum calendar year stop-loss is set at $1500 ? then the maximum amount the insured would pay is $1500. The medical plan tracks the 30% the insured is paying and once that amount reaches $1500 for that calendar year, the plan begins to pay at 100% of the allowed amount for all charges incurred for the remainder of that calendar year.

What is loss of use coverage?

TheBennettAgency.com
Loss of Use coverage is when you have a claim and you are unable to live in the home while it is being reconstructed or repaired. We will pay for you to rent another home or pay for your hotel/motel until you are able to move back into your home. It is a state law to have UNinsured motorist coverage however, you do not have to carry UNDERinsured motorist coverage.

Do you employ any kind of stop loss system on your trades?

Rebound Trading Systems - Frequently Asked Questions | FAQS ...
Yes indeed. Every single trade has a strict stop loss and profit-protect discipline applied to every trade. My objective is to cut our losing trades quickly to minimize losses and let our profitable trades run.

What Is A Stop Loss Order?

Online Forex Trading, Currency Trading, Foreign Exchange Tra...
A stop loss order is an order type whereby an open online forex trading position is automatically liquidated at a specific price. As an example, if an investor is long USD/YEN at 112.35, they might wish to put in a stop loss order for 111.75, which would limit losses should the dollar depreciate, possibly below 111.75.

What is a limit / stop-loss order?

Shares - Our Services
A 'limit' order sets either a maximum or minimum price for an order, at which you are prepared to buy or sell shares, these can either be just for that trading day or any number of days afterwards. the moment you buy a share you can place a stop loss on it. This allows you to specify a price, in a falling market, at which you would like that share to be automatically sold. In other words you specify the minimum price at which you are willing to hold the stock.

Do you set up a stop loss after buying?

MyIARs.net - FAQ
In most cases, the answer is NO. Instead, we may implement our multi-buy strategy. We will take our loss only in two situations: More information is released for one of our holdings and we have to re-evaluate the true value of that holding. If the result is negative, we may sell it for a loss. We have to carefully evaluate the news though. More than not, the bad news may be just the beginning for the stock's recovery. Remember, the best time to buy a stock is when no one wants to own it.

What is medical stop loss insurance?

American Stop Loss in Worcester, Massachusetts - The Nation'...
Medical stop loss insurance provides financial coverage to self-funded health benefit plans for catastrophic and unexpected medical claims made by enrolled individuals or the group.

How is American Stop Loss compensated?

American Stop Loss in Worcester, Massachusetts - The Nation'...
ASL receives commissions and/or fees for its services and may, from time to time, receive additional compensation based on factors such as premium volume, new production and persistency, as well as lodging, meals and other benefits associated with occasional educational conferences and social events.

What is your maximum stop-loss?

Forex Daily Signals.Highly Profitable.2940Pips/month. WWW.PR...
We use a maximum of 40 pips for stop-loss. We keep our risk to a minimum so that the losses are much smaller than the profits which ultimately results in better monthly performance. We also find that our members can relax a lot more after putting their orders in with such a small stop loss.

Stop-Loss or Covered Call -- Why not both?

therootofallgoodismoney-com - Questions & Answers
Most of you will probably agree that the toughest part of managing a stock portfolio is controlling the risk, not finding stocks to buy. Without the ability to diversify in 200 stocks like a mutual fund, one must absorb the risk that a decline in any single stock position can have a significant impact on your overall performance.

Why do some trades have a 100% stop loss?

Seasonal Trader - FAQs On Seasonal Trading System
These are trades that, in effect, have no stop loss. To trade them in this way would not be a good idea since you have unlimited risk. However, you can trade many of them with futures options which have a defined risk if you are buying puts or calls.

When does coverage stop for my dependent children?

How are my benefits Funded
Dependent children are covered through the end of the year in which they turn 19 unless they meet the requirements for maintaining coverage. The Plan requires the following to maintain coverage beyond the age of 19; the child is dependent on the participant for more than half of their support, related to the participant by blood, marriage or legal adoption and is a full time student for at least five months of the year.
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