Reading between lines of 'managed' in budget hosting

I have investigated five Offers from three Providers claiming 'fully managed' Status. The Investigation reveals significant ScopeVariance. Please to find my Summary below.

• Contabo: 'managed' = Security patches only. No Application support. PHP updated quarterly at best. Ticket response time forty-eight Hours.
• OVHcloud: 'managed' = ControlPanel assistance. No CodeDebugging. Database backups weekly, not configurable.
• Vultr: genuine WordPress management. PluginUpdates, Security monitoring, Staging environment included. The only Provider delivering promised Scope.
• RackNerd: 'managed' = 'we reboot if you ask.' Nothing else. False advertising level high.
• Hostinger: PHP updated 'when necessary.' No Definition of necessary provided. Ticket escalation required for basic Tasks.

Please to verify always the Service level agreement be