Maximum Benefit Period definition
Examples of Maximum Benefit Period in a sentence
Benefits will end, and the policy will be terminated, on the date you Recover from your Disability or on the date benefits have been paid through the Maximum Benefit Period, whichever date is earlier.
Disability Benefits will no longer be payable for Residual Disability on the date that the first of the following events occurs: • you are no longer Residually Disabled; • your Loss Of Income is no longer solely due to the Injury or Sickness that caused your Disability; • you become Totally Disabled; or • the Maximum Benefit Period ends.
We will waive the Benefit Waiting Period, and the Disability Benefit for Presumptive Disability will begin on the Commencement Date and will be payable until the end of the Maximum Benefit Period.
While you are eligible for a Catastrophic Disability Benefit, payment of this benefit will begin at the same time Disability Benefits begin, will be paid monthly at the same time Disability Benefits are paid and will cease at the end of the Maximum Benefit Period shown on the Policy Data page.
This Option and policy, and all coverage, will end on the earliest of the following: • the date you cease being actively and regularly employed at least 30 hours per week, unless you are Disabled on that date under the policy terms; • the date you Recover from a Disability covered under this Option; • the date benefits have been paid through the Maximum Benefit Period; or • the date the policy and this Option end under the Policy Termination provision.