Benefit Cessation Date definition

Benefit Cessation Date means the date specified as the Benefit Cessation Date in Policy Schedule 1.
Sample 1Sample 2Sample 3
Benefit Cessation Date means the date specified as Benefit Cessation Date in Policy Schedule 1. “Critical Illness” refers to an illness or Surgery as described in Policy Schedule 2.
Sample 1

Examples of Benefit Cessation Date in a sentence

  • The actual amount, when only payable under the following circumstances, is determined by the Company at its discretion: (a) death of the Life Insured; (b) surrender in full or in part of the policy; (c) cancellation, lapse or termination of the policy; or (d) when the policy reaches the Benefit Cessation Date of the Basic Plan.

  • This Accidental Death Benefit is payable in addition to any Death Benefit due under the Policy.This Accidental Death Benefit will be automatically terminated (1) when this Policy terminates, expires, lapses, becomes void, is cancelled or is surrendered or; (2) on the Policy Anniversary at which the Life Insured's Insurance Age is 80 or; (3) on the Benefit Cessation Date of this Supplementary Benefit or; (4) upon payout of this Supplementary Benefit, whichever is the earliest.

  • Arguing that a modified Ramxey-Caxx-Koopmanx grogth model can be calibrated to match obxerved development time xeriex gould xeem to place the prexent paper firmly githin the ”neoclaxxical revival“ literature.

  • Maturity BenefitIf the Life Insured is alive and this Policy is in force on the Benefit Cessation Date of the Basic Plan, we will pay the Net Cash Value (if any) in a lump sum payment as of that date to the Policyholder.The receipt of this amount by the Policyholder will discharge us from any further liability under this Policy.

  • A Policy Endorsement with the revised Policy Schedule showing the new Life Insured and Benefit Cessation Date based on the new Life Insured will be issued to the Policyholder upon any Change of Life Insured has taken effect.

  • Unless the Policyholder sends us a written instruction to reject renewal of this Policy before the Benefit Cessation Date of Basic Plan, this Policy will be automatically renewed for another 15 years subject to the payment of the due premium and an updated Policy Schedule will be issued and sent to the Policyholder.

  • If the Life Insured is alive and this Policy is in force on the Benefit Cessation Date of the Basic Plan, we will pay as of that date to the Policyholder the Aggregate Cash Value.

  • Members will have one month from their last day of employment (or, if they remain employed, from their Benefit Cessation Date) to notify the Insurer that they want to take out an individual policy according to the conversion option.

  • Any comments related to SNF HAI public reporting will be addressed in section VII.H.2. of this final rule.After careful consideration of thepublic comments we received, we are finalizing the proposed schedule for data submission of the SNF HAI measure beginning with the FY 2023 SNF QRP as proposed.

  • If this Policy is still in force upon the Benefit Cessation Date of Basic Plan, Hang Seng Insurance will refund the applicable percentage of Total Premiums Paid during the Policy Term to you or your estate (excluding any interest received by Hang Seng Insurance) to you or your estate.

Related to Benefit Cessation Date

  • Interest Cessation Date means the due date for redemption of the Notes or such other date which is either specified in, or determined in accordance with the provisions of, the Final Terms or Series Offering Document, as applicable.

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • Benefit Continuation Period means the period beginning on the Date of Termination and ending on the last day of the month in which occurs the earlier of (i) the 24-month anniversary of the Date of Termination and (ii) the date on which you elect coverage for you and your covered dependents under substantially comparable benefit plans of a subsequent employer.

  • Post-Employment Period shall have the meaning set forth in Article 8.

  • Anticipated Termination Date Any Distribution Date on which it is anticipated that the Trust Fund will be terminated pursuant to Section 9.01(c) of this Agreement.

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Employment Termination Date means, with respect to a Participant, the first day upon which the Participant no longer has an employment or service relationship with the Company or any Related Company.

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Supplemental Retirement Income Benefit means an annual amount (before taking into account federal and state income taxes), payable in monthly installments throughout the Payout Period. Such benefit is projected pursuant to the Agreement for the purpose of determining the Contributions to be made to the Retirement Income Trust Fund (or Phantom Contributions to be recorded in the Accrued Benefit Account). The annual Contributions and Phantom Contributions have been actuarially determined, using the assumptions set forth in Exhibit A, in order to fund for the projected Supplemental Retirement Income Benefit. The Supplemental Retirement Income Benefit for which Contributions (or Phantom Contributions) are being made (or recorded) is set forth in Exhibit A.

  • Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."

  • Disability retirement for plan 1 members, means the period

  • Severance from Service Date means the earlier of:

  • Accrual Termination Date Not applicable.