Retention Limit maximum amount of medical and hospital expense an insurer will carry on its own. The limit can be for an individual claim and/or for the insurers total claims, depending upon the terms of the reinsurance contract. What is Retention Limit , What does mean Retention Limit , Insurance Guide, Insurance Glossary
Covered Lives The total number of lives insured, including dependents, under individual policies and group certificates. What is Covered Lives , What does mea... more