Common use of Notification of New Benefits or Benefit Eligibility Clause in Contracts

Notification of New Benefits or Benefit Eligibility. We will notify You within 12 months if We develop a new benefit or new benefit eligibility. You will have the opportunity to upgrade Your current benefits to any benefits or benefit eligibility that becomes available subject to underwriting by replacing the existing policy with a new policy and granting recognition of past-insured status with premium credits toward the new policy if no claim has been made. Provided the You are not: (1) Currently receiving benefits; or (2) Within the Elimination Period.

Notification of New Benefits or Benefit Eligibility. We will notify You within 12 months if We develop a new benefit or new benefit eligibility. You will have the opportunity to upgrade Your current benefits to any benefits or benefit eligibility that becomes available subject to underwriting by replacing the existing policy with a new policy and granting recognition of past-insured status with premium credits toward the new policy if no claim has been made. Provided the You are not: (1) Currently receiving benefits; or (2) Within the Elimination Period.