Terminal Illness (TI) Benefit Sample Clauses

Terminal Illness (TI) Benefit. If the Life insured has a Terminal illness while the policy is in force, We will pay the death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (S$ 5,000,000) per Life insured for all policies and riders issued by Us 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.
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Terminal Illness (TI) Benefit. We do not pay the TI Benefit if the TI is directly or indirectly, wholly or partly caused by: a) Intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide; b) Pre-existing conditions within the first 12 months from the Policy Issue date or the latest Reinstatement date, whichever is later; or c) Acquired Immune Deficiency Syndrome (AIDS), AIDS-related conditions or infection in the presence of Human Immunodeficiency Virus (HIV) except HIV due to blood transfusion and occupationally acquired HIV.
Terminal Illness (TI) Benefit. We do not pay the TI Benefit if the TI is directly or indirectly, wholly or partly caused by: a) Intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide; or b) Pre-existing conditions within the first twelve (12) months from the Policy issue date or the latest Reinstatement date, whichever is later; or c) Acquired Immunodeficiency Syndrome (AIDS), AIDS-related conditions or infection in the presence of Human Immunodeficiency Virus (HIV) except HIV infection due to blood transfusion and occupationally acquired HIV. When TI exclusion happens, You have the option to either continue with this policy or to surrender the policy. When there is condition(s) specific to the Life insured which We will not cover, We will state them on Our offer of conditional acceptance, the Policy Information Page and Endorsement.
Terminal Illness (TI) Benefit. If the Life insured has a Terminal illness while the policy is in force, We will pay the Death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with Terminal Illness Benefit. If the Terminal Illness Benefit payable is less 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 Xxx Xxxxxxx Xxxx, #00-00 Xxxxx Xxxxx, Xxxxxxxxx 000000 T+65 6336 0477 xxx.xxxxx.xxx.xx 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 (TI) Benefit. If the Life insured is diagnosed with TI while the policy is in force, We will pay the Death Benefit in one lump sum. When We make this payment, the policy ends. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with TI Benefit.
Terminal Illness (TI) Benefit. We do not pay the TI Benefit if the TI is directly or indirectly, wholly or partly caused by: • Intentional acts (sane or insane) such as self-inflicted injuries, suicide or attempted suicide; • Pre-existing conditions within the first twelve (12) months from the Rider issue date; or • Acquired Immunodeficiency Syndrome (AIDS), AIDS-related conditions or infection in the presence of Human Immunodeficiency Virus (HIV) except HIV infection due to blood transfusion and occupationally acquired HIV. When TI exclusion happens, You have the option to either continue with this rider or to surrender the rider. When there is condition(s) specific to the Life insured which We will not cover, We will state them on Our offer of conditional acceptance and the Endorsement.
Terminal Illness (TI) Benefit. If an Insured Cardmember suffers from a condition for the first time in his/ her life, from one or more diseases where his/her life expectancy is twelve (12) months or less from the date of application for TI Benefit, the Insurance Company will pay half of the TI Benefit to the Bank towards settlement of the Outstanding Balance of the Card and pass on the remaining half to the Insured Cardmember, upon receipt of due proof of the TI in writing satisfactory to the Insurance Company. The TI Benefit shall be equal to 200% of the Outstanding Balance of the Card as at the claim date.
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Terminal Illness (TI) Benefit. If the Life insured has a TI while the policy is in force, We will pay the Death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with TI Benefit. The amount to be aggregated for USD policies is derived by applying an exchange rate determined by Us to the USD amount. Xxx Xxxxxxx Xxxx, #00-00 Xxxxx Xxxxx, Xxxxxxxxx 000000 T+65 6336 0477 xxx.xxxxx.xxx.xx If the TI Benefit payable is less than the Death Benefit, the Death Benefit will be automatically reduced by the amount paid for the TI. The policy remains in force and the remaining Death Benefit is the original Death Benefit less the amount paid for TI. If the TI Benefit payable is the same as the Death Benefit, the policy ends when We make this payment.
Terminal Illness (TI) Benefit. If the Life insured has a Terminal illness while the policy is in force, We will pay the Death Benefit in one lump sum. The maximum aggregate amount payable is Five Million Singapore Dollars (SGD 5,000,000) per Life insured for all policies and riders issued by Us with Terminal Illness Benefit. If the Terminal Illness Benefit payable is less 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 Xxx Xxxxxxx Xxxx, #00-00 Xxxxx Xxxxx, Xxxxxxxxx 000000 T+65 6336 0477 xxx.xxxxx.xxx.xx 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.

Related to Terminal Illness (TI) Benefit

  • Critical Illness Leave (i) An Employee who has completed at least ninety (90) days of employment, and is a family member of a critically ill child or a critically ill qualified adult relative, is entitled to leave of absence without pay or benefits: • for a period of up to thirty-six (36) weeks to care for their critically ill child; or, • for a period of up to sixteen (16) weeks to care for a critically ill qualified adult relative.

  • Maternity Leave Allowance ‌ (a) An employee who qualifies for maternity leave pursuant to Clause 21.1, shall be paid a maternity leave allowance in accordance with the Supplemental Employment Benefit (SEB) Plan. In order to receive this allowance, the employee must provide to the Employer, proof that she has applied for and is eligible to receive employment insurance benefits pursuant to the Employment Insurance Act. An employee disentitled or disqualified from receiving employment insurance benefits is not eligible for maternity leave allowance. (b) Pursuant to the Supplemental Employment Benefit (SEB) Plan, the maternity leave allowance will consist of 15 weekly payments equivalent to the difference between the employment insurance gross benefits and any other earnings received by the employee and 85% of the employee's basic pay.

  • SICK LEAVE AND LONG-TERM DISABILITY (Articles 12.01 to 12.11 apply to full-time nurses only) 12.01 The Hospital will assume total responsibility for providing and funding a short-term sick leave plan at least equivalent to that described in the 1980 Hospitals of Ontario Disability Income Plan brochure. Effective January 1, 2006, new hires will be covered under the 1992 Hospitals of Ontario Disability Income Plan. The Hospital will pay 75% of the billed premium towards coverage of eligible employees under the long-term disability portion of the Plan (HOODIP or an equivalent plan). The employee will pay the balance of the billed premium through payroll deduction. For the purpose of transfer to the short-term portion of the disability program, employees on the payroll as of the effective date of the transfer with three (3) months or more of service shall be deemed to have three (3) months of service. For the purpose of transfer to the long-term portion of the disability program, employees on the active payroll as of the effective date of the transfer with one (1) year or more of service shall be deemed to have one (1) year of service. 12.02 Effective the first of the month following the transfer, all existing sick leave plans in the Participating Hospitals shall be terminated and any provisions relating to such plans shall be null and void under the respective Collective Agreements except as to those provisions relating to payout of unused sick leave benefits which are specifically dealt with hereinafter. 12.03 Existing sick leave credits for each employee shall be converted to a sick leave bank to the credit of the employee. The sick leave bank shall contain the unused sick leave days to the credit of the nurse on the effective date of the transfer to the Plan set out in Article 12.01. The "sick leave bank" shall be utilized to: (a) Supplement payment for sick leave days under the new plan which would otherwise be at less than full wages, and; (b) Where a payout provision existed under the former sick leave plan in the Collective Agreement, payout shall be made on the termination of employment, or in the case of death, to the nurse's estate. The parties may agree to voluntarily cash out existing sick leave banks. The amount of the payout shall be a cash settlement at the nurse's then current salary rate for any unused sick credits to the maximum provided under the sick leave plan in which the nurse participated as of October 23, 1981; (c) Where, as of the effective date of transfer, an employee does not have the required service to qualify for payout on termination, her or his existing sick leave credits as of that date shall nevertheless be converted to a sick leave bank in accordance with the foregoing and the nurse shall be entitled to the same cash out provisions as set out in paragraph (b) above providing the nurse subsequently achieves the necessary service to qualify for payout under the conditions of the sick leave plan in which she or he participated as of October 23, 1981; (d) Where a payout provision existed under the former sick leave plan in the Collective Agreement, a nurse who, as of the date of this award, has accumulated sick leave credits and is prevented from working for the Hospital on account of an occupational illness or accident that is recognized by The Workplace Safety and Insurance Board as compensable within the meaning of the Workplace and Safety Insurance Act, the Hospital, on application from the nurse, will supplement the award made by The Workplace Safety and Insurance Board for loss of wages to the nurse by such amount that the award of The Workplace Safety and Insurance Board for loss of wages, together with the supplementation of the Hospital, will equal one hundred per cent (100%) of the nurse's net earnings to the limit of the nurse's accumulated sick leave credits. Nurses may utilize such sick leave credits while awaiting approval of a claim for WSIB benefits. 12.04 When a nurse has completed any portion of her or his regularly scheduled tour prior to going on sick leave benefits or WSIB benefits, the nurse shall be paid for the balance of the tour at her or his regular straight time hourly rate. This provision will not disentitle the nurse to a lieu day under Article 15.05 if she or he otherwise qualifies. 12.05 Any dispute which may arise concerning a nurse's entitlement to short-term or long- term benefits under HOODIP or an equivalent plan may be subject to grievance and arbitration under the provisions of this Agreement. The Union agrees that it will encourage a nurse to utilize the carrier’s medical appeals process, if any, to resolve disputes. 12.06 Nurses presently employed who are covered by a long-term disability plan in effect as of the date of this award, may elect to be covered by HOODIP or to continue their present coverage. 12.07 The Hospital further agrees to pay employees an amount equal to any loss of benefits under HOODIP for the first two days of the fourth and subsequent period of absence in any calendar year. 12.08 The Hospital will notify each nurse of the amount of unused sick leave in her or his bank annually. 12.09 For nurses whose regular hours of work are other than the standard work day, the short-term sick leave plan will provide payment for the number of hours of absence according to the scheduled tour to a total of 562.5 hours. All other provisions of the existing plan shall apply mutatis mutandis. 12.10 Absences due to pregnancy related illness shall be considered as sick leave under the sick leave plan. 12.11 A nurse who is absent from work as a result of an illness or injury sustained at work and who has been awaiting approval of a claim for WSIB benefits for a period longer than one complete tour or more may apply to the Hospital for payment equivalent to the lesser of the benefit the nurse would receive from WSIB if the nurse's claim was approved, or the benefit to which the nurse would be entitled under the short-term sick portion of the disability income plan (HOODIP or equivalent plan). Payment will be provided only if the nurse provides evidence of disability satisfactory to the Hospital and a written undertaking satisfactory to the Hospital that any payments will be refunded to the Hospital following final determination of the claim by The Workplace Safety and Insurance Board. If the claim for WSIB benefits is not approved, the monies paid as an advance will be applied towards the benefits to which the nurse would be entitled under the short-term portion of the disability income plan. Any payment under this provision will continue for a maximum of fifteen (15) weeks. (Articles 12.12, 12.13 and 12.14 apply to both full-time and part-time nurses) 12.12 Nurses returning to work from an illness or injury compensable from the Workplace Safety and Insurance Board will be assigned light work as necessary, if available. 12.13 A nurse who transfers from full-time to part-time may elect to retain her or his accumulated sick leave credits to be utilized during part-time or subsequent full-time employment as provided under the sick leave plan in which the nurse participates as of October 23, 1981. 12.14 If the Employer requires the employee to obtain a medical certificate, the employer shall pay the full cost of obtaining the certificate.

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