Life Insurance Benefits definition

Life Insurance Benefits means the Employee's Life Insurance Plan coverage for purposes of this Plan.
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Life Insurance Benefits means the basic life and accidental death and dismemberment benefits provided (i) to Executive immediately prior to Executive’s retirement or (ii) to other similarly situated executives in the employ of Trust.
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Life Insurance Benefits. The benefits provided by the Endorsement Split Dollar Agreement by and between Southcoast Financial Corporation and L. Wayne Pearson dated as of August 14, 2008.
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Examples of Life Insurance Benefits in a sentence

  • The suicide exclusion applies from the effective date of any additional benefits or increases in Life Insurance Benefits.

  • Automatic increases in Life Insurance Benefits will end while premiums are waived.

  • Automatic increases in Life Insurance Benefits will end while coverage is continued under this provision.

  • Any automatic increases in Life Insurance Benefits will end when benefits are payable under this provision.

  • For Dependent Children If a Dependent Child is insured under the Policy and is at least 19 years of age, Life Insurance Benefits may be continued under this option.

  • Continuation for Disability for Employees over Age 60If you become Disabled and are age 60 or over, the Life Insurance Benefits shown in the Schedule of Benefits will be continued, provided premiums are paid, until the earlier of the following dates:1.

  • The following Continuation of Insurance provision is added to the Policy: Continuation of Life Coverage During Labor DisputesIf an Employee’s Active Service ends because of a Labor Dispute and his or her premium for Life Insurance Benefits under the Policy is paid either by the Employer, in whole or in part, or by the Employee through payroll deductions, then the Employee may continue his or her Life Insurance Benefits.

  • All proof submitted must be satisfactory to Us. Sending Proof of Loss: When must Proof of Loss be given?Written Proof of Loss should be sent to Us or Our representative:1) with respect to the Life Insurance Benefits within 365 day(s); and2) with respect to the Accidental Death and Dismemberment Benefits within 90 day(s);after the loss.

  • Missouri residents: Applicable to Voluntary Life Insurance BenefitsIf an Insured commits suicide, while sane or insane, within 1 year from the date his or her insurance under the Policy becomes effective, Voluntary Life Insurance Benefits will be limited to a refund of the premiums paid on the Insured's behalf.

  • TL-009740 LIFE INSURANCE EXCLUSIONS If an Insured commits suicide, while sane or insane, within 2 years from the date the Insured's insurance under the Policy becomes effective, Voluntary Life Insurance Benefits will be limited to a refund of the premiums paid on the Insured's behalf.

Related to Life Insurance Benefits

  • Severance Benefits mean the payment of severance compensation as provided in Section 2.3 herein.

  • Severance Benefit means the payment of severance compensation as provided in Article III.

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • 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.