Definition of Policy Benefits

  1. Policy Benefits means partial surrenders, full surrenders, death claims, and all other contractual benefits.

Examples of Policy Benefits in a sentence

  1. The liability of the Reinsurer with respect to its share of the risks under the Reinsured Policies including liability for Policy Benefits under the Reinsured Policies shall begin simultaneously with that of the Company, but not prior to the Effective Date.
  2. Investment of Optional Cash Payments, Assigned Policy Benefits and Commissions and Initial Cash Payments.

Definition of Policy Benefits in Coinsurance Agreement

Policy Benefits means partial surrenders, full surrenders, death claims, and all other contractual benefits.