Common use of Accidental Death and Dismemberment Benefits Clause in Contracts

Accidental Death and Dismemberment Benefits. (i) All 24 hour company paid accidental death and dismemberment insurance benefits, will cease at the commencement of the Termination Leave. (ii) All Executive, spousal and child optional accidental death and dismemberment benefits will cease at the commencement of the Termination Leave; the Executive may elect to convert all or part of his Executive and/or spousal coverages to individual coverage, within 31 days after the commencement of the Termination Leave.