Decision on Review. A decision on review of a denied Claim for ------------------ Benefits shall be made in the following manner: 1. The decision on review shall be made by the Insurer, who may in its discretion hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 days after receipt of the request for review. 2. The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions upon which the decision is based.
Appears in 4 contracts
Samples: Split Dollar Agreement (Concord Efs Inc), Split Dollar Agreement (Concord Efs Inc), Split Dollar Agreement (Concord Efs Inc)
Decision on Review. A decision on review of a denied Claim for ------------------ Benefits claim shall be made in the following manner:
1. The decision on review shall be made by the InsurerNamed Fiduciary, who may in its his discretion hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 sixty (60) days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 one hundred and twenty (120) days after receipt of the request for review.
2. The decision on review shall be in writing and shall include specific reasons for the decisiondecisions, written in a manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions upon which the decision is based.
Appears in 2 contracts
Samples: Split Dollar Agreement (Carolina Fincorp Inc), Deferred Compensation Agreement (Philipp Brothers Chemicals Inc)
Decision on Review. A The decision on review of a denied Claim for ------------------ Benefits claim shall be made in the following manner:
1. (a) The decision on review shall be made by the InsurerPlan Administrator which may, who may in its discretion discretion, hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 sixty (60) days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 one hundred and twenty (120) days after receipt of the request for review.
2. (b) The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, and specific references reference to the pertinent Plan provisions upon which the decision is based.
Appears in 1 contract
Samples: Community National Bank Supplemental Employee Retirement Plan (Community Bancorp /Vt)
Decision on Review. A decision on review of a denied Claim for ------------------ Benefits claim shall be made in the following manner:
1. (i) The decision on review shall be made by the InsurerNamed Fiduciary, who may in its his discretion hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 days after receipt of the request for review.
2. (ii) The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions upon which the decision is based.
Appears in 1 contract
Samples: Split Dollar Agreement (Tootsie Roll Industries Inc)
Decision on Review. A decision on review of a denied Claim for ------------------ Benefits claim shall be made in the following manner:
1. The decision on review shall be made by the InsurerNamed Fiduciary, who may in its his discretion hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 sixty (60) days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 one hundred and twenty (120) days after receipt of the request for review.
2. The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions upon which the decision is based.
Appears in 1 contract
Samples: Executive Income Split Dollar Agreement (Philipp Brothers Chemicals Inc)
Decision on Review. A decision on review of a denied Claim ------------------ for ------------------ Benefits shall be made in the following manner:
1. The decision on review shall be made by the Insurer, who may in its discretion hold a hearing on the denied claim. Such decision shall be made promptly, and not later than 60 days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possible, but not later than 120 days after receipt of the request for review.
2. The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimant, and specific references to the pertinent Plan provisions upon which the decision is based.
Appears in 1 contract
Decision on Review. A The decision on review of a denied Claim for ------------------ Benefits claim shall be made in the following manner:
(1. ) The decision on review shall be made by the InsurerAdministrative Committee, who which may in its discretion hold a hearing on the denied claim. Such The Administrative Committee shall make its decision shall be made promptly, and not later than 60 sixty (60) days after receipt of the request for review, unless special circumstances (such as the need to hold a hearing) require an extension of time for processing, in which case a decision shall be rendered as soon as possiblepracticable, but not later than 120 one hundred twenty (120) days after receipt of the a request for review.
(2. ) The decision on review shall be in writing and shall include specific reasons for the decision, written in a manner calculated to be understood by the Claimantclaimant, and specific references to the pertinent Plan provisions upon on which the decision is based.
Appears in 1 contract
Samples: Executive Retirement Compensation Agreement (Washington Natural Gas Co)