Basic Death Benefit Sample Clauses

Basic Death Benefit. The Basic Death Benefit of the Policy to which this rider is attached is modified to include the Term Insurance Benefit under this rider. The Basic Death Benefit prior to the Maturity Date will be as follows:
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Basic Death Benefit. The Basic Death Benefit on any day is the greater of the Accumulated Value on that day and the adjusted sum of premiums determined as follows: As of the day a premium is received by us, the sum is increased by the amount of that premium. As of the day that a Partial Surrender is made, the sum is decreased by the same proportion as the Accumulated Value was decreased by that surrender.
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Basic Death Benefit. Represented employees shall be entitled to the basic death benefit amount as specified in California Public Employees Retirement Law Section 21536.
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Basic Death Benefit. On any day after any Annuitant has attained age 80, the Premium Accumulation Death Benefit is the sum of the amount calculated above on the age 80 Contract Anniversary and any premiums received by us after that anniversary, adjusted as in (1) above for any Partial Surrenders made after that anniversary. If this contract has been continued under the Annuitant Exchange (see Section 7.6), then on any date after the Exchange Date, items (1) and (2) above will be determined using only premiums and Partial Surrenders made on or after the Exchange Date and the Accumulated Value on the Exchange Date will be deemed a premium paid on that date for the purposes of this provision.
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Basic Death Benefit. The Basic Death Benefit is the greater of: - Purchase Payments less the sum of any reductions in Contract Value attributable to partial withdrawals during the Owner's lifetime (including applicable charges); or - the Contract Value.
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Basic Death Benefit. If the Annuitant dies at or after age 75 and before the Annuity Start Date, the Beneficiary will receive a Death Benefit. The Death Benefit will be equal to the greater of:
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Basic Death Benefit. What does the beneficiary receive upon death of the annuitant before the annuity payout date?
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Basic Death Benefit. The Basic Death Benefit prior to the Maturity Date will be as follows:
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Basic Death Benefit. 7 Beneficiary.......................... 12
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Related to Basic Death Benefit

  • Death Benefit Should Employee die during the term of employment, the Company shall pay to Employee's estate any compensation due through the end of the month in which death occurred.

  • PAYMENT OF DEATH BENEFIT The Company will require due proof of death before any death benefit is paid. Due proof of death will be:

  • Death Benefits Upon the Executive’s death during the Contract Period, the Executive’s estate shall not be entitled to any further benefits under this Agreement.

  • Accrued Benefit 1.05 1.16 Nonforfeitable ............................................. 1.05 1.17 Plan Year/Limitation Year .................................. 1.05 1.18 Effective Date ............................................. 1.05 1.19 Plan Entry Date ............................................ 1.05 1.20

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

  • Survivor Benefit Upon the death of a regular employee who leaves a spouse and/or dependants enrolled in the Medical Services Plan, Dental Plan and Extended Health Benefit Plan, such enrolment may continue for twelve (12) months following the employee’s death, provided the enrolled family members pay the employee’s share of the cost of the premium for the plans. The Employer shall advise the survivor of this benefit.

  • Early Retirement Benefit Upon Termination of Service prior to the Normal Retirement Age for reasons other than death, Change of Control or Disability, the Company shall pay to the Director the benefit described in this Section 4.2 in lieu of any other benefit under this Agreement.

  • Long Term Disability Benefit The Long Term Disability insurance provides income security should you become totally disabled prior to age 65 due to a sickness or injury which totally disables you over a long period of time. The Plan provides you with coverage on and off the job.

  • Change in Control Benefit If a Change in Control occurs followed within twenty-four (24) months by Separation from Service prior to Normal Retirement Age, the Bank shall distribute to the Executive the benefit described in this Section 2.4 in lieu of any other benefit under this Article.

  • Regular Benefits The Executive shall also be entitled to participate in any and all employee benefit plans, medical insurance plans, life insurance plans, disability income plans, retirement plans, bonus incentive plans and other benefit plans from time to time in effect for senior executives of the Employer. Such participation shall be subject to (i) the terms of the applicable plan documents, (ii) generally applicable policies of the Employer and (iii) the discretion of the Board of Directors of the Employer or any administrative or other committee provided for in or contemplated by such plan.