Monthly Benefit definition

Monthly Benefit means the monthly amount payable by Lincoln to you if you are Disabled or Partially Disabled.

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Monthly Benefit means the amount payable by the Company to you if and when you are a disabled insured.

Monthly Benefit means the monthly amount payable by Lincoln to the Disabled or Partially Disabled Covered Person.

Examples of Monthly Benefit in a sentence

• If the Indexed Cost Of Living Benefit Rider is part of the policy, we will use the Adjusted Basic Monthly Benefit to calculate the Disability Benefit for Residual Disability.

• The MCOP shall maintain the integrity of its membership data through reconciliation of the daily HIPAA 834C files (Daily Benefit Enrollment and Maintenance) and the monthly HIPAA 834F file (Monthly Benefit Enrollment and Maintenance) transactions pursuant to ODM instructions.

• The MCP shall maintain the integrity of its membership data through processing and loading of data contained for each individual in the daily HIPAA 834C (Daily Benefit Enrollment and Maintenance) files and reconciling the daily changes with the monthly HIPAA 834F (Monthly Benefit Enrollment and Maintenance) file.

• The amount will be determined each month as follows: your Loss Of Income _ x the Basic Monthly Benefit your Indexed Predisability Earnings • less than 20%, no Disability Benefit is payable.

• If Disability Benefits are payable on an applicable Change Date, we will make an adjustment to the Basic Monthly Benefit under this rider.

More Definitions of Monthly Benefit

Monthly Benefit means the monthly benefit calculated and paid to Program participants in accordance with the Program Guidelines.

Monthly Benefit means one twelfth (1/12) of the Participant's Annual Benefit.

Monthly Benefit means the least of:

Monthly Benefit means the monthly amount determined under Section 3.1(a) used for purposes of calculating the Lump Sum Equivalent.

Monthly Benefit means a monthly payment payable pursuant to Part 5 for the balance of a guarantee period after the death of a member;

Monthly Benefit means the amount payable to you if you are Totally Disabled. Benefits for Supplemental Disability Insurance coverage, short term period, are determined on a monthly basis and paid to you bi-weekly. Benefits for Supplemental Disability coverage, long term period, are determined and paid to you on a monthly basis.

Monthly Benefit means an amount equal to sixty percent (60%) of the Executive’s average monthly compensation, excluding bonuses, for the sixty (60) months immediately preceding his termination of employment or disability.