Death of the disabled Life Assured Sample Clauses

Death of the disabled Life Assured. On the death of the disabled Life Assured before the maturity date, the unpaid balance of the lump sum assured under cover A shall become payable, whilst the annuities due under covers B, C and D shall continue to be paid as outlined above.
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Death of the disabled Life Assured. On the earlier death of the Life Assured (totally disabled) before the three installments have been entirely paid, the balance between the sum assured related to the basic cover and the paid installments becomes due immediately to the beneficiary.
Death of the disabled Life Assured. On the death of the disabled life assured before the maturity date, the unpaid balance of the sum at risk under cover A is credited immediately to the regular investment account, whilst the income due under cover B and the regular payment due under cover C shall continue to be paid as outlined above. The amounts accumulated in the regular investment account become payable to the beneficiary upon his request at any time after that date.

Related to Death of the disabled Life Assured

  • Death or Disability The Executive's employment shall terminate automatically upon the Executive's death during the Employment Period. If the Company determines in good faith that the Disability of the Executive has occurred during the Employment Period (pursuant to the definition of Disability set forth below), it may give to the Executive written notice in accordance with Section 12(b) of this Agreement of its intention to terminate the Executive's employment. In such event, the Executive's employment with the Company shall terminate effective on the 30th day after receipt of such notice by the Executive (the "Disability Effective Date"), provided that, within the 30 days after such receipt, the Executive shall not have returned to full-time performance of the Executive's duties. For purposes of this Agreement, "Disability" shall mean the absence of the Executive from the Executive's duties with the Company on a full-time basis for 180 consecutive business days as a result of incapacity due to mental or physical illness which is determined to be total and permanent by a physician selected by the Company or its insurers and acceptable to the Executive or the Executive's legal representative.

  • SICK LEAVE AND LONG-TERM DISABILITY (Articles 12.01 to 12.11 apply to full-time nurses only)

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