Accidental Death Benefit. 11.1 In the event an employee dies subsequent to the effective date of this Agreement as the result of an accidental on-the-job injury and a death benefit is paid pursuant to the Workers’ Compensation Law, the State shall pay a death benefit in the amount of $50,000 to the employee’s surviving spouse and children to whom the Workers’ Compensation Accidental Death Benefit is paid and in the same proportion as the Workers’ Compensation Accidental Death Benefit is paid, however, in the event that the Workers’ Compensation Accidental Death Benefit is paid to the deceased employee’s estate, the State shall pay this death benefit to the employee’s estate.
Accidental Death Benefit. Accidental Death Benefit is not reinsured under this Agreement.
Accidental Death Benefit. If an Accidental Death Benefit Charge is included on the Contract Schedule, an Accidental Death Benefit may be payable which is equal to the lesser of the Contract Value as of the date the death benefit is determined or $250,000. The Accidental Death Benefit is payable if the death of the primary Owner (i.e. the first owner listed on the contract schedule) occurs prior to the Contract Anniversary next following his 75th birthday and is the result of an Injury incurred while he was the primary Owner. The death must also occur before the Annuity Date and within 365 days of the date of the accident which caused the Injury. The Accidental Death Benefit will not be paid for any death caused by or resulting (in whole or in part) from the following:
Accidental Death Benefit. We do not pay the Accidental death benefit if the Accidental death is directly or indirectly, wholly or partly caused by: • intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide; • state of an unsound mind; • unlawful acts, provoked assault or deliberate exposure to danger; • the effects of alcohol, drugs or any dependence; • illnesses, psychological conditions or eating disorders; • heat stroke; • a bad reaction to drugs or medication; • the effects of viruses (for example, dengue), bacteria or diseases; • the negative effects or complications of medical and surgical care; • treatment aimed at improving appearance, such as cosmetic surgery or any treatment relating to a previous cosmetic treatment; • radiation or contamination from radioactivity; • being in any aircraft, except as a fare-paying passenger in a commercial aircraft, or during military operations in peacetime; • military, air force or naval operations, except when carried out in peacetime; • war (declared or not), revolution or any warlike operation, acts of foreign enemy, hostilities, rebellion, civil war, insurrection, military or usurped powers, terrorism, provoking an assault; • Accident(s) arising and due to pregnancy or confinement and related complications; • participation in hazardous activities; • participation in professional or competitive sports where the Life insured would or could earn income or remuneration from engaging in such sports; or • Illness or diseases of any kind, including but not limited to, fits, hernia, venereal disease, Acquired Immunodeficiency Syndrome (AIDS) or food poisoning, bite(s) inflicted by animal or insect.
Accidental Death Benefit. The Accidental Death Benefit amount reinsured will not be greater than the corresponding life insurance benefit reinsured. PREMIUM ACCOUNTING
Accidental Death Benefit. The City shall provide to the family of a unit employee who dies as a result of an accident on the job a one-time benefit of twenty-five hundred dollars ($2,500) per child under twenty-one (21) years of age if the deceased employee was responsible for the support of the child.
Accidental Death Benefit. Not reinsured under this Agreement The above stated Retention Limits is a combined corporate retention limit for the following three companies: Life Insurance Company of Virginia, America Life Insurance Company, and Virginia Life Insurance Company of New York. EXHIBIT E JUMBO LIMITS The total life insurance in force, known to the Ceding Company, in all companies plus the amount applied for in all companies on any one life shall not exceed the following limits: Issue Age Limits --------- ------ 0-70 $7,500,000 71-75 $3,750,000 over 75 no automatic reinsurance available EXHIBIT F PERCENTAGE OF PARTICIPATION Policies and supplemental benefits reinsured automatically shall be those plans shown in Exhibit B on which the Ceding Company's insured's surname begins with the letters A-Z inclusive. For these policies and benefits, Security Life will automatically reinsure 25% of the excess over the Ceding Company's Retention Limits as shown in Exhibit D. EXHIBIT G AUTOMATIC BINDING LIMITS The total amount reinsured automatically under this Agreement by the Pool members shall not exceed the following limits.
Accidental Death Benefit. If you die while you are in service and your death is the natural and proximate result of an on-the- job accident, an accidental death benefit will be payable. You must be in service when you die in order for the accidental death benefit to be payable; otherwise, only a refund of your accumulated contributions will be payable to your designated beneficiary(ies). If you are married, your spouse will be entitled to an annual pension until he/she remarries or dies, equal to of your AFC. If you leave no surviving spouse, or if your surviving spouse remarries or dies, any of your dependent children under age 18 will be entitled to an annual pension equal to of your AFC. If you leave no dependent children under age 18, your dependent mother or dependent father will be entitled to an annual pension for life equal to of your AFC. If you leave no surviving spouse, no dependent children, or no dependent parents who are eligible for the pension described above, a lump sum payment equal to your base salary, any of your accrued benefits not paid at the time of death, and your accumulated contributions will be payable to your designated beneficiary(ies).
Accidental Death Benefit. See the Principal Xxxx, Hazards and Benefits for Eligible Persons section of the Declarations section of the Policy for the applicability of this Benefit with respect to each class of Insured Persons and each hazard. If Injury to the Insured Person results in death within 365 days of the date of the accident that caused the Injury, the Company will pay 100% of the Principal Sum. B-2. Accidental Dismemberment and Paralysis Benefit. See the Principal Xxxx, Hazards and Benefits for Eligible Persons section of the Declarations section of the Policy for the applicability of this Benefit with respect to each class of Insured Persons and each hazard. If Injury to the Insured Person results, within 365 days of the date of the accident that caused the Injury, in any one of the Losses specified below, the Company will pay the percentage of the Principal Sum shown below for that Loss: For Loss of Percentage of Principal Sum Both Hands or Both Feet 100% Sight of Both Eyes 100% One Hand and One Foot 100% One Hand and the Sight of One Eye 100% One Foot and the Sight of One Eye 100% Speech and Hearing in Both Ears 100% One Hand or One Foot 50% Sight of One Eye 50% Speech or Hearing in Both Ears 50% Hearing in One Ear 25% Thumb and Index Finger of Same Hand 25% Quadriplegia 100% Paraplegia 75% Hemiplegia 50% Uniplegia 25%
Accidental Death Benefit. This benefit shall not be reinsured under this Agreement.
