Common use of Deferment of Benefits Clause in Contracts

Deferment of Benefits. A Beneficiary who does not intend to begin using Contract Benefits during the stated Benefit Use Year must submit a Deferment of Benefits Form signed by the Purchaser which indicates reason for deferment. All Deferment of Benefits forms must be submitted at least 60 days prior to the start of an Academic Year.

Deferment of Benefits. A Beneficiary who does not intend to begin using Contract Benefits during the stated Benefit Use Year must submit a Deferment of Benefits Form signed by the Purchaser which indicates reason for deferment. Purchaser.. All Deferment of Benefits forms must be submitted at least 60 days prior to the start of an Academic Year.