Common use of Basic Accidental Death and Dismemberment Clause in Contracts

Basic Accidental Death and Dismemberment. A. DEFINITIONS Throughout this Section 7, the following definitions shall apply: B. ON DEATH OR DISMEMBERMENT The Carrier will pay an indemnity determined from the Table of Losses if an Insured Member sustains a Loss stated therein resulting from Injury, provided that: 1. such Loss occurs within three hundred and sixty-five days after the date of accident causing such Loss; 2. the indemnity payable for any such Loss shall be the amount stated opposite such Loss in said Table; and the Principal ▇▇▇ stated therein shall be the amount stated as Principal Sum under the Accidental Death and Dismemberment benefit in the Summary of Benefits, as applicable to such person and this Coverage; and 3. if more than one Loss stated in said Table is sustained as the result of one accident, only one of the amounts so stated in said Table, the largest shall be payable. Loss of Life The Principal Sum Loss of Both Hands Two Times The Principal Sum Loss of Both Feet Two Times The Principal Sum Loss of Entire Sight of Both Eyes Two Times The Principal Sum Loss of One Hand and One Foot The Principal Sum Loss of One Hand and the Entire Sight of One Eye The Principal Sum Loss of One Foot and the Entire Sight of One Eye The Principal Sum Loss of One Arm. Three-Quarters of The Principal Sum Loss of One Leg Three-Quarters of The Principal Sum Loss of One Hand. Three-Quarters of The Principal Sum Loss of One Foot Three-Quarters of The Principal Sum Loss of The Entire Sight of One Eye Three-Quarters of The Principal Sum Loss of Thumb and Index Finger of the Same Hand. One-Third of The Principal Sum Loss of Speech and Hearing in Both Ears The Principal Sum Loss of Speech or Hearing in Both Ears Three-Quarters of The Principal Sum Loss of Hearing in One Ear One-Third of The Principal Sum Quadriplegia (total paralysis of both upper and lower limbs) Two Times The Principal Sum Paraplegia (total paralysis of both lower limbs) Two Times The Principal Sum Hemiplegia (total paralysis of upper and lower limbs of one side of the body) Two Times The Principal Sum Loss of Use of Both Arms or Both Hands Two Times The Principal Sum Loss of Use of One Hand or One Foot Three-Quarters of The Principal Sum Loss of Use of One Arm or One Leg Three-Quarters of The Principal Sum Loss of Four Fingers of One Hand One-Third of The Principal Sum Loss of All Toes of One Foot One-Quarter of The Principal Sum ▇▇▇▇▇ Death The Principal Sum Loss of Both Arms or Both Legs Two Times The Principal Sum Loss of Use of Both Arms or Both Legs Two Times The Principal Sum Loss of Use of Thumb and Index Finger One-Third the Principal Sum C. WAIVER OF PREMIUM In the event an Insured Member becomes Disabled and their waiver of premium claim is accepted and approved under the Basic Life coverage, then the premiums payable for this benefit are waived as of the same date the claim is accepted and approved under the Basic Life coverage until one of the following occurs, whichever is earlier: 1. The date the Insured Member attains age 65 or 35 years of pensionable service under the Municipal Pension Plan or any other registered pension plan arising out of employment with an Employer and a minimum age of 55. 2. The date the Insured Member ceases to be Disabled. 3. The date of the death of the Insured Member. 4. The date the contract for this benefit is terminated.