Common use of ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT Clause in Contracts

ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT. In addition to the group life insurance benefit provided under Section 3.01, a Group Accidental Death and Dismember‑ ment benefit will be provided while eligible as an active em‑ ployee: Effective June 1, 2006 – $36,000.00 Effective June 1, 2007 – $37,000.00 Effective June 1, 2008 – $38,000.00 The above principal sum will be payable in the case of death or loss of both hands, both feet, or sight of both eyes, or any two of the above members, providing death or such loss oc‑ curs within 90 days of the date of the accident and is caused by external, violent and accidental means. One‑half of the above principal sum will be payable in the case of loss of one hand, one foot, or sight of one eye under the same conditions. The policy under which this benefit is provided will contain such limitations and conditions as are found in a standard Group Accidental Death and Dismemberment policy issued in the province of Ontario. The maximum payable under this benefit for any one accident is the principal sum.

ACCIDENTAL DEATH AND DISMEMBERMENT BENEFIT. In addition to the group life insurance benefit provided under Section 3.01, a Group Accidental Death and Dismember‑ ment Dis- memberment benefit will be provided while eligible as an active em‑ ployeeemployee: Effective June 1, 2006 – $36,000.00 Effective June 1, 2007 – $37,000.00 Effective June 1, 2008 – $38,000.00 The above principal sum will be payable in the case of death or loss of both hands, both feet, or sight of both eyes, or any two of the above members, providing death or such loss oc‑ oc- curs within 90 days of the date of the accident and is caused by external, violent and accidental means. One‑half One-half of the above principal sum will be payable in the case of loss of one hand, one foot, or sight of one eye under the same conditions. The policy under which this benefit is provided will contain such limitations and conditions as are found in a standard Group Accidental Death and Dismemberment policy issued in the province of Ontario. The maximum payable under this benefit for any one accident is the principal sum.