Permanent Partial Disablement Benefit Sample Clauses

Permanent Partial Disablement Benefit. If the Insured Person suffers an Injury during the Policy Period solely and directly due to an Accident that occurs during the Policy Period and that Injury solely and directly results in the Permanent Partial Disablement of the Insured Person which is of the nature specified in the table below within 365 days from the date of the Accident, We will pay the amount specified in the table below maximum up to the Capital Sum Insured under Group Personal Accident Benefit: Nature of Permanent Partial Disablement Percentage of the Sum Insured payable i. Total and irrecoverable loss of sight in one eye 50%
Sample 1
AutoNDA by SimpleDocs
Permanent Partial Disablement Benefit. If the Insured Person suffers an Injury during the Policy Period solely and directly due to an Accident that occurs during the Policy Period and that Injury solely and directly results in the Permanent Partial Disablement of the Insured Person which is of the nature specified in the table below within 365 days from the date of the Accident, We will pay the amount specified in the table below maximum up to the Capital Sum Insured under Group Personal Accident Benefit: Nature of Permanent Partial Disablement Percentage of the Sum Insured payable i. Total and irrecoverable loss of sight in one eye 50% ii. Loss of one hand or one foot 50% iii Loss of all toes - any one foot 10% iv. Loss of toe great - any one foot 5% v. Loss of toes other than great, if more than one toe lost, each 2% vi. Total and irrecoverable loss of hearing in both ears 50% vii. Total and irrecoverable loss of hearing in one ear 15% viii. Total and irrecoverable loss of speech 50% ix. Loss of four fingers and thumb of one hand 40% x. Loss of four fingers 35% xi. Loss of thumb-both phalanges 25% xii. Loss of thumb-one phalanx 10% xiii. Loss of index finger-three phalanges 10% xiv. Loss of index finger-two phalanges 8% xv. Loss of index finger-one phalanx 4% xvi. Loss of middle/ring/little finger-three phalanges 6% xvii. Loss of middle/ring/little finger-two phalanges 4% xviii. Loss of middle/ring/little finger-one phalanx 2% The Benefit specified above will be payable provided that:
Sample 1
Permanent Partial Disablement Benefit. If the Insured Person suffers an Injury during the Policy Period solely and directly due to an Accident that occurs during the Policy Period and that Injury solely and directly results in the Permanent Partial Disablement of the Insured Person which is of the nature specified in the table below within 365 days from the date of the Accident, We will pay the amount specified in the table below maximum up to the Capital Sum Insured under Group Personal Accident Benefit: Nature of Permanent Partial Disablement Percentage of the Capital Sum Insured payable
Sample 1

Related to Permanent Partial Disablement Benefit

  • Total Disability (a) Total disability, as used in this Plan, means the complete inability because of an accident or sickness of a covered employee to perform all the duties of his/her own occupation for the first two (2) years of disability. Thereafter, employees able by reason of education, training or experience to perform the duties of a gainful occupation for which the rate of pay is not less than seventy-five percent (75%) of the current rate of pay of their regular occupation at date of disability will not be considered totally disabled and will therefore not be eligible for benefits under this Long Term Disability Plan.

  • Permanent Disability Permanent Disability" shall mean Employee's physical or mental incapacity to perform his or her usual duties with such condition likely to remain continuously and permanently as determined by Employer.

  • Long Term Disability Benefit In the event an employee, while covered under this plan, becomes totally disabled as a result of an accident or a sickness, then, after the employee has been totally disabled for seven (7) months, including periods approved in Section 1.3(a) and (c), he/she shall be eligible to receive a monthly benefit as follows:

  • Retirement Benefit Should the Director still be in the Directorship ------------------ of the Association upon attainment of his 70th birthday, the Association will commence to pay him $590 per month for a continuous period of 120 months. In the event that the Director should die after becoming entitled to receive said monthly installments but before any or all of said installments have been paid, the Association will pay or will continue to pay said installments to such beneficiary or beneficiaries as the Director has directed by filing with the Association a notice in writing. In the event of the death of the last named beneficiary before all the unpaid payments have been made, the balance of any amount which remains unpaid at said death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the estate of the last named beneficiary to die. In the absence of any such beneficiary designation, any amount remaining unpaid at the Director's death shall be commuted on the basis of 6 percent per annum compound interest and shall be paid in a single sum to the executor or administrator of the Director's estate.

  • Temporary Disability In the event the Executive should become disabled, but such disability is not permanent, as defined above, such disabled Executive shall be entitled to his salary for a period of nine (9) months. If such temporary disability continues longer than said period of time, then the disabled Executive shall be deemed to have become permanently disabled for the purposes of this Agreement at the end of said nine (9) month period.

  • Post-Retirement Benefits The present value of the expected cost of post-retirement medical and insurance benefits payable by the Borrower and its Subsidiaries to its employees and former employees, as estimated by the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders is zero.

Time is Money Join Law Insider Premium to draft better contracts faster.