Common use of Activities of Daily Living Clause in Contracts

Activities of Daily Living. The activities of daily living prescribed in item (1) above are: o eating o transferring o bathing o dressing o continence AMOUNT OF ACCELERATED DEATH BENEFIT We first calculate the Benefit Base, which equals the Death Benefit as defined in the DEATH BENEFIT section of the Certificate (before subtracting any Indebtedness). We then calculate the Maximum Available Accelerated Death Benefit by multiplying the Benefit Base by 90%. You may elect all or a portion of this Maximum Available Accelerated Death Benefit. However, the amount elected may not be less than $10,000, nor greater than $250,000. Additionally, the Initial Death Benefit for the Certificate remaining in force must be no less than $10,000. You will receive less than the amount You elect because We: (1) discount the amount You receive because it is an early payment; (2) deduct a processing fee, not to exceed $100; and (3) repay and reduce any Indebtedness by the percentage of Death Benefit accelerated.