Common use of Maturity Benefit Clause in Contracts

Maturity Benefit. At the Maturity date on the Policy anniversary immediately before the Life insured attains 100 years old, if the policy is still in force, You will receive a lump sum maturity Benefit which is equivalent to the Account value, less any amounts owing to Us.

Appears in 5 contracts

Sources: Investment Linked Insurance Policy Agreement, Insurance Policy Agreement, Insurance Policy Agreement

Maturity Benefit. At the Maturity maturity date on the Policy policy anniversary immediately before the Life insured attains 100 years old, if the policy is still in force, You will receive a lump sum the maturity Benefit which benefit payable is equivalent to the Account value, value less any amounts owing to Us.

Appears in 3 contracts

Sources: Insurance Policy Agreement, Policy Provisions, Policy Provisions

Maturity Benefit. At the Maturity date on the Policy anniversary immediately before the Life insured attains 100 years old, if the policy Policy is still in force, You will receive a lump sum maturity Maturity Benefit which is equivalent to the sum of the Regular Premium Account valuevalue and the Top-up Account value (if any), less any amounts owing to Us. When We make this payment, the Policy ends.

Appears in 2 contracts

Sources: Policy Contract, Policy Contract

Maturity Benefit. At the Maturity date on the Policy anniversary immediately before the Life insured attains 100 years old, if the policy is still in force, You will receive a lump sum maturity Benefit which is equivalent to the Account value, less any amounts owing to Us. When We make this payment, the policy ends.

Appears in 2 contracts

Sources: Investment Agreement, Policy Contract

Maturity Benefit. At the Maturity date Your Policy will mature on the Policy policy anniversary immediately before the Life insured Insured attains 100 years old, if . If the policy is still in forceforce at maturity date, You will receive a lump sum maturity the Maturity Benefit which payable is equivalent to the Account value, Value less any amounts owing to Us.

Appears in 1 contract

Sources: Insurance Agreement