Common use of Premium Continuation Clause in Contracts

Premium Continuation. The Trustee shall pay any premiums which become due on contracts purchased on the life of a Participant who has left the employ of the Employer for reasons other than retirement, death or disability until it can be determined that such Participant has incurred a Service Break or it has been decided to distribute to the terminated Participant his benefit.

Appears in 10 contracts

Samples: Adoption Agreement Dreyfus Standardized (Dreyfus Global Growth Fund), Adoption Agreement Dreyfus Standardized (Dreyfus Growth & Income Fund Inc /New/), Adoption Agreement Dreyfus Standardized (Dreyfus Lifetime Portfolios Inc)

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