Common use of Benefit Determinations Clause in Contracts

Benefit Determinations. You will furnish us whatever information is necessary to establish the eligibility for and amount of annuity or other benefit due. We rely solely on your instructions and certifications with respect to Participant benefits. You are fully responsible for determining: (a) whether benefit payments are permitted under applicable law and the Plan and (b) the existence or amount of Excess Contributions (plus gains or minus losses thereon), or that returns of Excess Contributions are permitted by the Plan and the Code. We may rely on your or your designee's statements or representations in honoring any benefit payment request.

Appears in 2 contracts

Sources: Insurance Contract (Aul American Unit Trust), Insurance Contract (Aul American Unit Trust)

Benefit Determinations. You will must furnish us whatever information is necessary to establish the eligibility for and amount of annuity or other benefit due. We rely solely on your instructions and certifications with respect to Participant your benefits. You are fully responsible for determining: (a) whether benefit payments are permitted under applicable law and the Plan and (b) determining the existence or amount of Excess Contributions (plus gains or minus losses thereon), or that returns of Excess Contributions are permitted by the Plan and the Code. We may rely on your or your designee's statements or representations in honoring any benefit payment request.

Appears in 1 contract

Sources: Insurance Contract (Aul American Unit Trust)