Monthly Benefit definition

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

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

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

Examples of Monthly Benefit in a sentence

• 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.

• 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 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.

• On each subsequent Change Date, the Adjusted Basic Monthly Benefit on and after that Change Date is equal to the Adjusted Basic Monthly Benefit before that Change Date, multiplied by the Adjustment Rate of that Change Date.

• For any future Disability covered by this policy, the Adjusted Basic Monthly Benefit will again be the then current Basic Monthly Benefit before its first Change Date.

More Definitions of Monthly Benefit

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

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

Monthly Benefit means the least of:

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

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.

Monthly Benefit means the amount chosen by you to cover: