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. 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. To $150,000 subject to Jumbo Limits (Article I.3.) Part III - SURNAMES COVERED --------------------------- The preceding schedules refer to insured lives whose surnames begin with the letters L through Z on the plans shown in Schedule C. AMENDMENT X, TREATY 5356-1
Accidental Death Benefit. The accidental death benefit for the insured person is shown in the Policy Specifications, subject to change as shown in our records. Subject to the policy provisions, we will pay the accidental death benefit to the beneficiary upon the death of the insured person when the death occurs: