Gross Weekly Benefit definition

Gross Weekly Benefit means your Weekly Benefit before any reduction for Other Income Benefits and Other Income Earnings.
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Gross Weekly Benefit means the Covered Person's Weekly Benefit before any reduction for Other Income Benefits and Other Income Earnings.
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Gross Weekly Benefit or "Gross Monthly Benefit" means the Covered Person's Weekly or Monthly Benefit before any reduction for Benefits from Other Income and earnings.
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Examples of Gross Weekly Benefit in a sentence

  • Partial DisabilityIf You are Disabled and You are able to generate Current Earnings of at least 20% and not more than 99% of Your Basic Weekly Earnings, the Weekly Benefit payable will be the Weekly Benefit for Total Disability, unless the sum of:a) the Gross Weekly Benefit while You are Disabled; plusb) Other Income Sources You receive or are eligible to receive; plusc) Current Earnings while You are Disabledexceeds 100% of Your Basic Weekly Earnings.

  • Gross Weekly Benefit means Your Weekly Benefit amount before any reduction for Other Income Sources and Current Earnings.

  • MINIMUM BENEFIT If subtracting Other Income Sources from Your Gross Weekly Benefit results in a zero benefit, a Weekly Benefit of $25 will be paid, unless We reduce the Weekly Benefit to recover an overpayment.

  • Subtract from Your Gross Weekly Benefit any Deductible Sources of Income.

  • From Your Gross Weekly Benefit, subtract any Deductible Sources of Income.

  • This income will be deducted from Your Gross Weekly Benefit shown in the Schedule.

  • Gross Weekly Benefit means your weekly STD benefit before any reduction of Other Income Benefits.

  • MINIMUM BENEFIT If subtracting Other Income Sources from Your Gross Weekly Benefit results in a zero benefit, a Weekly Benefit of $15 will be paid, unless We reduce the Weekly Benefit to recover an overpayment.

  • Multiply your last Gross Weekly Benefit by the result shown in Step 1.

  • If any amount of Unemployment Insurance Benefit is payable for any such week, there shall be deducted from the employee’s Gross Weekly Benefit the full amount of such Unemployment Insurance Benefit.


More Definitions of Gross Weekly Benefit

Gross Weekly Benefit or "Gross Monthly Benefit" means your Weekly or Monthly Benefit before any reduction for your Benefits from Other Income and earnings.
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Gross Weekly Benefit means the disability benefit amount before any reduction for other income benefits and earnings.
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Related to Gross Weekly Benefit

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Actuarial equivalent means a benefit of equal value when