Compensation for Death. If an accident causes death of an insured party within 3 years from the date of the accident, the right holder is paid compensation for death, less the amount of disbursed compensation for permanent medical disability resulting from the same accident. Compensation for death from 1 May 2015 will be:
Compensation for Death. What is covered You are covered against fatal injury (death) occurring in the Private Dwelling House due to external or visible violence caused by thieves or by fire, if the death occurs within three (3) calendar months of such injury. If there are more than one (1) named insured, We will be liable for a prorated proportion of the compensation. For a Corporation, You must nominate a person or persons and lodge their name(s) with Us. The limit of liability of this benefit is RM10,000 or one-half of the Total Sum Insured on Contents, whichever is lesser. What is not covered
Compensation for Death. What is Covered What is Not Covered You are covered against fatal injury (death) occurring in the Private Dwelling House due to external or visible violence caused by thieves or by fire, if the death occur within three (3) calendar months of such injury. If there are more than one (1) named Insured, We will be liable for a pro-rate proportion of the compensation. For a Corporation, You must nominate person or persons and lodge their name(s) with Us. The limit of liability of this benefit is the sum specified on the Schedule or one-half of the Total Sum Insured on Contents, whichever is lesser.
Compensation for Death. In the event of death of an Officer while serving on board or while travelling to or from the vessel on Company's business or due to marine peril, the Company will pay to his beneficiaries a compensation which including the compensation provided by the POEA's rules and regulations Part II, Section C, shall be US$ 60,000. It is agreed that the beneficiaries to be compensated are the following next-of kin: The Officer's spouse, children or parents in this preferential order. The names and addresses of the beneficiaries shall be declared at the time of hiring. The Company shall pay an additional compensation to each of the Officer's children under the age of 21 years of US$ 15,000, maximum 4 children and US$ 60,000. The Company shall take out the necessary insurance to cover the benefits mentioned above.
Compensation for Death. In the event of death of a seafarer while employed on board or while travelling to or from the vessel, the Company will pay to his beneficiaries a compensation, including possible compensation from public social security, of USD 97 500. It is agreed that the beneficiaries to be compensated are the following next of kin: the seafarer’s spouse, children or parents in this preferential order. The names and addresses of the beneficiaries shall be declared at the time of hiring. The Company shall pay compensation for death to the nominated beneficiary. If the seafarer leave no nominated beneficiary, or the local law contradicts the appointed beneficiary, the aforementioned sum shall be paid to the person or body empowered by law or otherwise to administer the estate of the Seafarer. The Company shall pay an additional compensation to each of the seafarer's children under the age of 21 years of USD 19 500, maximum 4 children or USD 78 000. The Company shall transport at its own expense the body to Seafarer’s home where practical and at the families’ request. In addition the company shall if requested pay the cost of burial expenses not exceeding USD 5,000. Any payment effected under this article shall be without prejudice to any claim for compensation made in law, but such payment shall be deducted from any award for damages. The Company shall take out the necessary insurance to cover the benefits mentioned above. Coverage arranged with a P&I club will meet these requirements.
Compensation for Death. What is Covered What is Not Covered The Takaful Participant is covered against fatal injury (death) occurring in the Private Dwelling House due to external or visible violence caused by thieves or by fire, if the death occurs within three (3) calendar months of such injury. If there is more than one (1) named covered under the Takaful Certificate, the Company will be liable for a pro-rate proportion of the compensation. For a Corporation, the Takaful Participant must nominate a person or persons and lodge their name(s) with the Company. The limit of liability of this benefit is the sum specified on the Schedule or one-half of the total Sum Covered on Contents, whichever is lesser.
Compensation for Death. In the event of death of a seafarer while employed on board or while travelling to or from the vessel on Company's business or due to marine peril, the Company will pay to his beneficiaries a compensation, including possible compensation from public social security, of USD 92 500. It is agreed that the beneficiaries to be compensated are the following next of kin: the seafarer’s spouse, children or parents in this preferential order. The names and addresses of the beneficiaries shall be declared at the time of hiring. The Company shall pay an additional compensation to each of the seafarer's children under the age of 21 years of USD 18 500, maximum 4 children or USD 74 000. The Company shall transport at its own expenses the body to Seafarer’s home where practical and at the families’ request. In addition the company shall if requested pay the cost of burial expenses not exceeding USD 5,000. Any payment effected under this article shall be without prejudice to any claim for compensation made in law, but such payment shall be deducted from any award for damages. The Company shall take out the necessary insurance to cover the benefits mentioned above. Coverage arranged with a P&I club will meet these requirements.
Compensation for Death. In the event of death of a seafarer while employed on board or while travelling to or from the vessel, the Company will pay to his beneficiaries a compensation, including possible compensation from public social security, of USD 92 500. It is agreed that the beneficiaries to be compensated are the following next of kin: the seafarer’s spouse, children or parents in this preferential order. The names and addresses of the beneficiaries shall be declared at the time of hiring. The Company shall pay an additional compensation to each of the seafarer's children under the age of 21 years of USD 18 500, maximum 4 children or USD 74 000. The Company shall transport at its own expenses the body to Seafarer’s home where practical and at the families’ request. In addition the company shall if requested pay the cost of burial expenses not exceeding USD 5,000. Any payment effected under this article shall be without prejudice to any claim for compensation made in law, but such payment shall be deducted from any award for damages. The Company shall take out the necessary insurance to cover the benefits mentioned above. Coverage arranged with a P&I club will meet these requirements.
Compensation for Death. (1) If a seamen dies whilst in the employment of the Company including death from natural causes whilst travelling to and from the vessel, or as a result of marine or other similar peril, but excluding death due to wilful acts, the Company shall pay the sums specified in paragraph 1 of Appendix IV to this Agreement to a nominated beneficiary and to each dependent child up to a maximum of four (4) under the age of 21. If the xxxxxx shall leave no nominated beneficiary, the aforementioned sum shall be paid to the person or body empowered by law or otherwise to administer the estate of the xxxxxx.
Compensation for Death. If an accident results in the death of an insured person within three years of the date of the accident, the beneficiaries shall be paid compensation for death following the deduction of all benefit that may already have been paid for permanent medical handicap (disability) resulting from the same accident. Compensation for death shall be as follows as of 1 May 2008:
