Value protection definition

Value protection means that, if you die before your 75th birthday, and you have not moved to a fixed income (see section 26), a lump sum will be paid.
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Value protection means that, if you die before your 75th birthday, and you have not moved to a fixed income (see section 27), a lump sum will be paid to your estate or as instructed by your executors.
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Value protection means a lump sum benefit which, if selected, may be payable on your death as described in Section 8. "we", "us" and "our" refers to Just Retirement Limited. "you" this is the individual entitled to receive the Pension and is named as the “Policyholder” in the Policy Schedule.
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Examples of Value protection in a sentence

  • Net Book Value protection will extend to the undepreciated value of any additional new facilities required.

  • These Defaulted Securities would not be accorded Book Value protection, but instead would be valued at their impaired market value, impacting the value of the stable value fund.

  • Value protection is ordered in writing by the shipper or if protection defaults to Actual Cash Value up to $20,000 because no value is declared, the mover shall guarantee recovery for articles lost and damaged while in its possession at the actual cash value up to the declared value, or if none, $20,000.

  • The maximum fixed rate for Actual Cash Value protection provided by the mover will be $0.80 for each $100 (or fraction thereof) of the declared value.

  • Damages caused to used, refurbished and/or rebuilt goods will be excluded from Customized Declared Value protection.


More Definitions of Value protection

Value protection. – means the lump sum to protect your original pension fund which will be payable if you, and any beneficiary, die before the maturity date.
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Value protection means a lump sum benefit which, if selected, may be payable on your death as described in Section 8.
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