Common use of BENEFITS FOLLOWING MEMBER'S DEATH Clause in Contracts

BENEFITS FOLLOWING MEMBER'S DEATH. 9.1 On your death ESL will use your remaining pension fund in either or both of the following ways as ESL in its absolute discretion determines: • to provide pension income in accordance with section 9.3 for any one or more beneficiaries and, if more than one, in such proportions as it decides; and • to pay one or more lump sum death benefits in accordance with section 9.4. ESL will write to your personal representatives or potential beneficiaries (as applicable) with details of the ways in which benefits can be provided.

Appears in 6 contracts

Samples: Client Agreement, Client Agreement, Client Agreement

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