What does assigned mean in FEVS?

assigned simply means that your employer has chosen to pay for a portion or all of the cost of your dependent coverage through the FEHB. When you apply for FEHB coverage on your own, you can choose any carrier you want. However, your employer can choose the carrier for both you and your dependent based on your location. For example, your employer might choose a carrier based on the cost of coverage and the quality of the benefits.

What does assigned mean in FEVS USA?

assigned is the term used for a vehicle that an insured financed and signed the contract on. It doesn’t matter if the insured actually purchased the vehicle, leased it or obtained it through some other process. Assigned is the name given to the vehicle insured by the insurance company. FEVS policyholders, however, are not required to pay insurance on an assigned vehicle.

What does the term assigned mean in FEVS?

Assigned is the short-hand for insured status. It refers to your eligibility to make premium payments on your FEVS policy. When you are assigned, it means you have been approved by the insurance company to pay your monthly premium. If you are assigned, you can pay your premium by check, credit card, debit card, or some other method.

What does assigned mean in FEVS

Assigned or reimbursable means the amount of money that you will pay the contractor directly for work performed. This is the amount the FEVS administrator will pay the contractor if you have a valid FEVS claim. Reimbursable amounts often include labor, materials, and other costs directly related to the repair or replacement of your vehicle. You can also choose to pay for certain repairs with your own funds before reimbursing the total cost to the contractor.

What does assigned mean in FEVS AES?

Assigned means that the life insurance company has assigned the policy to your employer. The employer can then use the insurance to pay for any employee’s medical expenses. This coverage is provided at no additional cost to your employee.