Common use of Terminal Illness Benefit Clause in Contracts

Terminal Illness Benefit. If the Life insured has a terminal illness while the policy is in force, we will advance the death benefit. The maximum aggregate amount payable is $5 million per Life insured for all policies and riders issued in Singapore with terminal illness benefit. If the terminal illness benefit payable is lesser than the death benefit, the death benefit will be automatically reduced by the amount paid for the terminal illness. The policy remains in force and the remaining death benefit is the original death benefit less the amount paid for terminal illness. If the terminal illness benefit payable is the same as the death benefit, the policy ends when we make this payment.

Terminal Illness Benefit. If the Life insured has a terminal Terminal illness while during the policy is in forceterm, we We will advance pay the death benefitBenefit in one lump sum. The maximum aggregate amount payable is $5 million Five Million Singapore Dollars (S$5,000,000) per Life insured for all policies and riders issued in Singapore by Us with terminal Terminal illness benefitBenefit. If the terminal Terminal illness benefit Benefit payable is lesser than the death benefitBenefit, the death benefit Benefit will be automatically reduced by the amount paid for the terminal Terminal illness. The policy remains in force and the remaining death benefit Benefit is the original death benefit Benefit less the amount paid for terminal Terminal illness. If the terminal Terminal illness benefit Benefit payable is the same as the death benefitBenefit, the policy ends when we We make this payment.

Terminal Illness Benefit. If the Life life insured has a terminal illness while the policy is in force, we will advance pay the death benefit. The maximum aggregate amount payable is $5 million per Life life insured for all policies and riders issued in Singapore with terminal illness benefit. If the terminal illness benefit payable is lesser than the death benefit, the death benefit will be automatically reduced by the amount paid for the terminal illness. The policy remains in force and the remaining death benefit is the original death benefit less the amount paid for terminal illness. If the terminal illness benefit payable is the same as the death benefit, the policy ends when we make this payment.