Common use of Survivorship Benefit Clause in Contracts

Survivorship Benefit. This Benefit provides that if Your spouse dies after Your spouse’s Policy has remained in effect for at least 10 years while this Benefit remains in force, then Your Policy, including any attached Riders, will become paid-up and no further premium payments will be required. This Benefit will terminate on the earliest of the following to occur: (i) You become eligible for benefits under the Policy within the first 10 years it is in force; (ii) Your spouse becomes eligible for benefits under Your Spouse’s Policy within the first 10 years it is in force; or (iii) The Couples Additional Benefit Rider terminates.

Survivorship Benefit. This Benefit provides that if Your spouse dies after Your spouse’s Policy has remained in effect for at least 10 ten (10) years while this Benefit remains in force, then Your Policy, including any attached Riders, will become paid-up and no further premium payments will be required. This Benefit will terminate on the earliest of the following to occur: (i) You become eligible for benefits under the Policy within the first 10 ten (10) years it is in force; (ii) Your spouse becomes eligible for benefits under Your Spouse’s Policy within the first 10 ten (10) years it is in force; or (iii) The Couples Additional Benefit Rider terminates.

Survivorship Benefit. This Benefit provides that if Your spouse dies after Your spouse’s Policy has remained in effect for at least 10 ten (10) years while this Benefit remains in force, then Your Policy, including any attached Riders, will become paid-up and no further premium payments will be required. This Benefit will terminate on the earliest of the following to occur: (i) :  You become eligible for benefits under the Policy within the first 10 ten (10) years it is in force; (ii) ;  Your spouse becomes eligible for benefits under Your Spouse’s Policy within the first 10 ten (10) years it is in force; or (iii) or  The Couples Additional Benefit Rider terminates.]]