Common use of Weekly Accident Benefit Clause in Contracts

Weekly Accident Benefit. This benefit is applicable to you but only if you are under the age of sixty-five years and engaged in gainful employment. If as a result of an accident during the policy period you sustain bodily injury and are totally and continuously disabled and prevented from performing the substantial and material duties pertaining to your usual occupation, we will pay you the Weekly Accident Benefit as stated below for the period of disability while you are under the regular care and attendance of a licensed physician. Weekly Accident Benefits commence on the 8th day of disability, not to exceed 104 consecutive weeks as the result of any one accident. Weekly Accident Benefit: up to $500 per week, not to exceed 75% of your pre-disability net earnings. The benefit payable will take into account any of the benefits payable under the following plans, but will not include any amounts payable on account of eligible dependents, if any:

Appears in 6 contracts

Samples: princealbertins.com, blocksagencies.ca, insuretoys.ca

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