What does a “per claim occurrence” mean?

Per occurrence is another way of saying per event or per incident – for example, if you go to the store and make a few purchases: toaster and radio for your home. Later that evening you step out for dinner and upon your return notice your house has been broken into and your new purchases have been stolen. When you call the Benefit Administrator to file a claim, you would list all of the items you just purchased with your covered Patriot Federal Credit Union card – the Benefit Administrator would then add all of those together to determine the total claim amount. The Benefit Administrator will ask you to include all of the items in your claim because there may be some items that are not eligible and they will want to be able to get you the highest reimbursement amount that you are eligible for.