Terminal Illness Benefit definition

Terminal Illness Benefit means the amount payable on the diagnosis of Terminal Illness which is payable in accordance with Part C.
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Terminal Illness Benefit. – means, in respect of an Insured Member, the lesser of:
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Terminal Illness Benefit means the amount we pay on diagnosis of a Terminal Illness which we specify in
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Examples of Terminal Illness Benefit in a sentence

  • The Terminal Illness Benefit is payable only once in an Insured's lifetime.

  • Terminal Illness BenefitWe will pay a Terminal Illness Benefit if we determine you or your Spouse are Terminally Ill.

  • Terminal Illness BenefitWe will pay a Terminal Illness Benefit if we determine you are Terminally Ill.

  • Terminal Illness BenefitWe will pay a Terminal Illness Benefit to an Insured who has incurred a Terminal Illness while insured under this provision.

  • The Terminal Illness Benefit is shown on the Schedule of Benefits.

  • Sanford’s reimbursement of relocation expenses, in accordance with his employment agreement effective August 17, 2018 and $5,600 of matching contributions under the Company’s 401(k) savings plan, which represents the maximum matching contributions made by the Company to the Company’s 401(k) savings plan for the benefit of the NEOs, which is also the same maximum amount applicable to each participating employee for 2019.

  • Coverage under the Accelerated Death - Terminal Illness Benefit is subject to the Deferred Effective Date provision.

  • F.5 Exclusions for Terminal Illness Benefit The benefit under this clause will not be payable if Terminal Illness arises directly or indirectly as a result of any one or more of the following: • Infection with Human Immunodeficiency Virus (HIV) or conditions due to any Acquired Immune Deficiency Syndrome (AIDS) • Attempted suicide in the first year from the Date of Commencement of Risk or revival of policy.

  • Subject to existing regulations, the Terminal Illness Benefit will be paid in such manner as We may determine upon Our admission of Your Terminal Illness Claim.

  • Any automatic increases in Life Insurance Benefits will end when benefits are payable under this provision, unless the Insured is determined by the Insurance Company not to be eligible for Accelerated Benefits.Terminal Illness BenefitWe will pay a Terminal Illness Benefit to an Insured who has incurred a Terminal Illness while insured under this provision.


More Definitions of Terminal Illness Benefit

Terminal Illness Benefit means the benefit specified in Clause 6.7.
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Terminal Illness Benefit means the amount we pay on diagnosis of a Terminal Illness which we specify in the Schedule as such.
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Terminal Illness Benefit means a Benefit equal to the Insured Amount of Death Cover as at the Claim Incun-ed Date, up to the Maximum Terminal Illness Benefit.
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Terminal Illness Benefit means any benefit payable as a result of either of the Settlors suffering terminal illness as defined in the Plan.
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Terminal Illness Benefit means an amount equal to the member’s death benefit.
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Terminal Illness Benefit means an amount equal to themember’s death benefit.
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Related to Terminal Illness Benefit

  • Normal Retirement Benefit means the benefit described in Section 2.1.

  • Public benefit means making capital available, or facilitating the availability of capital, to businesses in this state that have 750 or fewer employees, the intent of which is to create or retain employment opportunities for residents of this state, stabilize or increase the tax base of this state, or support the redevelopment of facilities for use by small businesses.

  • Service benefit means the credit toward retirement benefits as determined by the

  • Retirement Benefit means the benefit set forth in Article 5.

  • Retirement Benefits means benefits paid by reference to reaching, or the expectation of reaching, retirement or, where they are supplementary to those benefits and provided on an ancillary basis, in the form of payments on death, disability, or cessation of employment or in the form of support payments or services in case of sickness, indigence or death. In order to facilitate financial security in retirement, these benefits may take the form of payments for life, payments made for a temporary period, a lump sum, or any combination thereof;

  • Retirement Plans means the retirement income, supplemental executive retirement, excess benefits and retiree medical, life and similar benefit plans providing retirement perquisites, benefits and service credit for benefits at least as great in value in the aggregate as are payable thereunder prior to a Change in Control.

  • Benefit Period means the period of time from the date of the Accident causing the Injury for which benefits are payable, as shown in the Schedule of Benefits, and the date after which no further benefits will be paid.

  • Termination Benefit means the benefit set forth in Article 7.

  • Fringe benefit means health insurance, a retirement benefit received under a pension plan or defined contribution plan, a paid vacation day, a paid holiday, sick leave, or any other similar employee benefit provided by an employer.

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Retirement Plan means a plan which provides retirement benefits to you and which is not funded wholly by your contributions. The term shall not include a profit-sharing plan, informal salary continuation plan, registered retirement savings plan, stock ownership plan, 401(K) or a non-qualified plan of deferred compensation.

  • occupational pension means any pension or other periodical payment under an occupational pension scheme but does not include any discretionary payment out of a fund established for relieving hardship in particular cases;

  • Early Retirement Benefit means the retirement benefit payable to a member following early

  • Additional gap medical benefits means the benefits (if any) payable in respect of medical expenses that are more than the schedule fee and which otherwise meet the requirements of the fund’s no or known gap policy, provided always that the medical expenses relate to a professional service that:

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Supplemental Retirement Benefit means the benefit determined under Article V of this Plan.

  • Extended benefit period means a period which:

  • Defined Benefit Fraction means a fraction, the numerator of which is the sum of the Member's Projected Annual Benefits under all qualified defined benefit plans (whether or not terminated) maintained by the Employer, and the denominator of which is the lesser of (i) one hundred twenty-five percent (125%) of the dollar limitation determined for the Limitation Year under sections 415(b)(1)(A) and (d) of the Code and (ii) one hundred forty percent (140%) of the Highest Average Compensation, including any adjustments under section 415(b)(5) of the Code, both in accordance with subsection 3.30.020(e)(10) below. Notwithstanding the above, if the Member was a Member as of the first day of the first Limitation Year beginning after December 31,1986 in one (1) or more qualified defined benefit plans maintained by the Employer which were in existence on May 6, 1986, the denominator of this fraction shall not be less than one hundred twenty-five percent (125%) of the sum of the Annual Benefits under such plans which the Member had accrued as of the close of the last Limitation Year beginning before January 1, 1987, disregarding any changes in the terms and conditions of the plans after May 5, 1986. The preceding sentence applies only if the qualified defined benefit plans individually and in the aggregate satisfied the requirements of Code section 415 for all Limitation Years beginning before January 1, 1987.

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • SERP has the meaning assigned thereto in Section 5(c) hereof.

  • Disability Support Pension means the Commonwealth pension scheme to provide income security for persons with a disability as provided under the Social Security Act 1991, as amended from time to time, or any successor to that scheme.

  • Bereavement Pay Benefits means the benefits as set out in Article II hereof.

  • Medicare benefit means the Medicare benefit payable within the meaning of Part II of the Health Insurance Act 1973 with respect to a professional service.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.

  • Pension Benefit means a pension, annuity, gratuity or similar allowance which is payable—