Terminal Illness (TI) Benefit Sample Clauses

Terminal Illness (TI) Benefit. If the Life insured has a Terminal illness while the policy is in force, We will pay the death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (S$ 5,000,000) per Life insured for all policies and riders issued by Us with Terminal illness Benefit. If the Terminal illness Benefit payable is lesser than the death Benefit, the death Benefit will be automatically reduced by the amount paid for the Terminal illness. The policy remains in force and the remaining death Benefit is the original death Benefit less the amount paid for Terminal illness. If the Terminal illness Benefit payable is the same as the death Benefit, the policy ends when We make this payment.
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Terminal Illness (TI) Benefit. We do not pay the TI Benefit if the TI is directly or indirectly, wholly or partly caused by:
Terminal Illness (TI) Benefit. If the Life insured is diagnosed with TI while the policy is in force, We will pay the Death Benefit in one lump sum. When We make this payment, the policy ends. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with TI Benefit.
Terminal Illness (TI) Benefit. We do not pay the TI Benefit if the TI is directly or indirectly, wholly or partly caused by: • Intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide; • Pre-existing conditions within the first twelve (12) months from the Rider issue date; or • Acquired Immunodeficiency Syndrome (AIDS), AIDS-related conditions or infection in the presence of Human Immunodeficiency Virus (HIV) except HIV infection due to blood transfusion and occupationally acquired HIV. When TI exclusion happens, You have the option to either continue with this rider or to surrender the rider. When there is condition(s) specific to the Life insured which We will not cover, We will state them on Our offer of conditional acceptance and the Endorsement.
Terminal Illness (TI) Benefit. If an Insured Cardmember suffers from a condition for the first time in his/ her life, from one or more diseases where his/her life expectancy is twelve (12) months or less from the date of application for TI Benefit, the Insurance Company will pay half of the TI Benefit to the Bank towards settlement of the Outstanding Balance of the Card and pass on the remaining half to the Insured Cardmember, upon receipt of due proof of the TI in writing satisfactory to the Insurance Company. The TI Benefit shall be equal to 200% of the Outstanding Balance of the Card as at the claim date.
Terminal Illness (TI) Benefit. If the Life insured has a TI while the policy is in force, We will pay the Death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with TI Benefit. The amount to be aggregated for USD policies is derived by applying an exchange rate determined by Us to the USD amount. Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K) Xxx Xxxxxxx Xxxx, #00-00 Xxxxx Xxxxx, Xxxxxxxxx 000000 T+65 6336 0477 xxx.xxxxx.xxx.xx If the TI Benefit payable is less than the Death Benefit, the Death Benefit will be automatically reduced by the amount paid for the TI. The policy remains in force and the remaining Death Benefit is the original Death Benefit less the amount paid for TI. If the TI Benefit payable is the same as the Death Benefit, the policy ends when We make this payment.

Related to Terminal Illness (TI) Benefit

  • Oregon Public Service Retirement Plan Pension Program Members For purposes of this Section 2, “employee” means an employee who is employed by the State on or after August 29, 2003 and who is not eligible to receive benefits under ORS Chapter 238 for service with the State pursuant to Section 2 of Chapter 733, Oregon Laws 2003.

  • Industrial Accident and Illness Leave Section 44984 of the Education Code is supplemented as follows:

  • RETIREMENT PICK-UP 230. The City shall pick up the full amount of the employees’ contribution to retirement.

  • Extended Illness Leave 1. Extended Illness Leave, hereinafter referred to as “EIL” shall be established for Administrative Support Group, XXXX, Clerical, and Educational Assistant personnel who are absent due to their own personal illness or injury following the exhaustion of their accumulated illness, vacation and annual allotment of short term leave. Eligibility for Extended Illness Leave includes completion of employee’s probationary period.

  • Basic Benefit Effective January 1, 2008, the basic life insurance benefit will be increased from $15,000 to $18,000 for employees. This shall be the default level of life insurance coverage, which shall be provided at no cost to the employee.

  • Deductions from Sick Leave A deduction shall be made from accumulated sick leave of all normal working days (exclusive of holidays) absent for sick leave.

  • Family Illness Leave An employee will be granted leave of absence for up to five (5) days per year without loss of pay or benefits for family illness. Additional family illness leave may be granted by the employer.

  • SHORT-TERM ILLNESS AND INJURY AND LONG-TERM DISABILITY Employees shall be entitled to coverage for short term illness and injury and long term disability in accordance with agreed upon regulations which will be subject to review and revision during the period of this Agreement by negotiations between the Parties and included as Appendix A to this Agreement.

  • Benefit Period Following the Qualifying Period you will receive a monthly income until the earlier of:

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