Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.
Death Benefit means the benefit set forth in Article 9.
Death Benefit means the benefit which becomes payable on the Life Assured’s death in accordance with Part C of this Policy.
Examples of Death Benefit in a sentence
Benefits Available Under the Contract Name of Benefit Purpose Is Benefit Standard or Optional Maximum Fee Brief Description of Restrictions/Limitations Death Benefit Pays a death benefit applicable to variable Income Payments.
Death Benefit Options” and “FEE TABLE – Annual Contract Expenses – For Contracts with the Five-Year guaranteed Minimum Income Feature” in the full Contract Prospectus and “Benefits Available Under the Contract – Other Optional Benefits” and “MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT” sections of this summary prospectus.
More Definitions of Death Benefit
Death Benefit means the amount payable to the claimant on death of the Life Assured during the Policy term, as agreed at inception of the Policy contract, provided the Policy has not lapsed or terminated
Death Benefit means the insurance amount payable under the Certificate at death of the Insured. It does not include any amount that is only payable in the event of Accidental Death.
Death Benefit means the benefit, which is payable on death, as specified in Condition 1.A of Part C of this Policy Document.
Death Benefit means the benefit payable on the death of the Life Assured. Please refer to Section 4) below for more details.
Death Benefit shown in the Schedule is initially set equal to the Account Value as of the Business Day we receive proof of death. The entire interest in this Contract must be distributed to the new Beneficiary in accordance with the provisions of 3.a. or 3.b. above. If there is more than one Beneficiary, the foregoing provisions will independently apply to each Beneficiary.
Death Benefit means the benefit described in Article 3.
Death Benefit means an amount which will be highest of the following: