Common use of Coma Clause in Contracts

Coma. Coma benefits are not payable, nor do they accrue, during an elimination period. The Coma benefit amount is payable monthly at a rate of 1% of the benefit amount shown above until the earliest of: 1) the date the Dependent Child dies; 2) the date the Dependent Child is no longer in a Coma; or 3) total payments equal the Coma benefit amount shown above. If the Dependent Child dies as a result of the accident during the period for which this Coma benefit is payable, we will pay a lump sum equal to the Dependent Child’s loss of life benefit amount, less Coma benefit amounts already paid.

Appears in 13 contracts

Samples: Cardholder Agreement, Cardholder Agreement, Cardholder Agreement

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Coma. Coma benefits are not payable, nor do they accrue, during an elimination period. The Coma benefit amount is payable monthly at a rate of 1% 1 of the benefit amount shown above until the earliest of: 1) the date the Dependent Child dies; 2) the date the Dependent Child is no longer in a Coma; or 3) total payments equal the Coma benefit amount shown above. If the Dependent Child dies as a result of the accident during the period for which this Coma benefit is payable, we will pay a lump sum equal to the Dependent Child’s loss of life benefit amount, less Coma benefit amounts already paid.

Appears in 6 contracts

Samples: www.tdcanadatrust.com, www2.pat.tdcanadatrust.com, Cardholder Agreement

Coma. Coma benefits are not payable, nor do they accrue, during an elimination period. The Coma benefit amount is payable monthly at a rate of 1% 1 of the benefit amount shown above until the earliest of: 1) the date the Dependent Child dies; 2) the date the Dependent Child is no longer in a Coma; or 3) total payments equal the Coma benefit amount shown above. If the Dependent Child dies as a result of the accident during the period for which this Coma benefit is payable, we will pay a lump sum equal to the Dependent Child’s loss of life benefit amount, less Coma benefit amounts already paid.

Appears in 2 contracts

Samples: Cardholder Agreement, Cardholder Agreement

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Coma. Coma benefits are not payable, nor do they accrue, during an elimination period. The Coma benefit amount is payable monthly at a rate of 1% of the benefit amount shown above until the earliest of: 1) the date the Dependent Child dies; 2) the date the Dependent Child is no longer in a Coma; or 3) total payments equal the Coma benefit amount shown above. If the Dependent Child dies as a result of the accident during the period for which this Coma benefit is payable, we We will pay a lump sum equal to the Dependent Child’s loss of life benefit amount, less Coma benefit amounts already paid.

Appears in 1 contract

Samples: Cardholder Agreement

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