Multiple Beneficiaries. If there is more than one Beneficiary, proceeds shall be divided equally among the Beneficiaries unless the Beneficiary designation specifies the amount to be paid to each Beneficiary. We may pay all or part of the death benefit to any person who paid any expense in connection with the Insured’s last illness or death. That person must give us a copy of the receipt describing the expense and the amount paid for such expense. Reimbursement will not exceed $250. The death benefit will be reduced by any payment made under this provision.
Appears in 5 contracts
Samples: Lifetime Benefit Term Insurance Group Policy, Lifetime Benefit Term Insurance Group Policy, Lifetime Benefit Term Insurance Group Policy
