Examples of Other Income Benefits in a sentence
Other Income Benefits means the amount of any benefit for loss of income, provided to You or Your family, as a result of the period of Disability for which You are claiming benefits under The Policy.
Increases in Other Income BenefitsAny increase in Other Income Benefits during a period of Disability due to a cost of living adjustment will not be considered in calculating your Disability Benefits after the first reduction is made for any Other Income Benefits.
A retroactive allocation may result in an overpayment of Your claim.The amount of any increase in Other Income Benefits will not be included as Other Income Benefits if such increase:1) takes effect after the date benefits become payable under The Policy; and2) is a general increase which applies to all persons who are entitled to such benefits.
If so, we may reduce the Disability Benefits by the amount of such Other Income Benefits.
Your Gross Disability Benefit will be reduced by the difference from 3., as well as by Other Income Benefits.