Common use of TERMINATION OF RIDER Clause in Contracts

TERMINATION OF RIDER. This rider will end on the policy’s Termination Date unless the policy ends for any reason prior to that. In addition, the Owner may terminate this rider by sending us a written request. Such termination will be effective on the date the request is received at our Home Office, or on the date the Owner requests, subject to our approval. Termination of this rider may require termination of other riders. This rider is part of the policy to which it is attached. All policy terms and conditions will apply to this rider if they have not been changed by this rider and do not conflict with this rider. Xxxxxx X. XxXxxxxx President and CEO Xxxxxxxxx X. Xxxxx Corporate Secretary To help your disability benefits keep up with inflation while you’re disabled, this rider builds in annual increases to your monthly benefit, with compounding. When you recover from your disability, you can apply to increase your coverage up to the adjusted benefit amount that you received under this rider.

Appears in 2 contracts

Samples: Disability Income Insurance Policy, Individual Disability Insurance Policy

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TERMINATION OF RIDER. This rider will end on the policy’s Termination Date unless the policy ends for any reason prior to that. In addition, the Owner may terminate this rider by sending us a written request. Such termination will be effective on the date the request is received at our Home Office, or on the date the Owner requests, subject to our approval. Termination of this rider may require termination of other riders. This rider is part of the policy to which it is attached. All policy terms and conditions will apply to this rider if they have not been changed by this rider and do not conflict with this rider. Xxxxxx X. XxXxxxxx President and CEO Xxxxxxxxx X. Xxxxx Corporate Secretary PR208(8/18)CA To help your disability benefits keep up with inflation while you’re disabled, this rider builds in annual increases to your monthly benefit, with compounding. When you recover from your disability, you can apply to increase your coverage up to the adjusted benefit amount that you received under this rider. This rider provides a Cost of Living Adjustment to the Basic Monthly Benefit, compounded each year for a Disability continuing more than one year.

Appears in 1 contract

Samples: Disability Income Insurance Policy

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TERMINATION OF RIDER. This rider will end on the policy’s Termination Date unless the policy ends for any reason prior to that. In addition, the Owner may terminate this rider by sending us a written request. Such termination will be effective on the date the request is received at our Home Office, or on the date the Owner requests, subject to our approval. Termination of this rider may require termination of other riders. This rider is part of the policy to which it is attached. All policy terms and conditions will apply to this rider if they have not been changed by this rider and do not conflict with this rider. Xxxxxx X. XxXxxxxx President Xxxx Xxxx Chairman and CEO Xxxxxxxxx X. Xxxxx Corporate Secretary To help your disability benefits keep up with inflation while you’re disabled, this rider builds in annual increases to your monthly benefit, with compounding. When you recover from your disability, you can apply to increase your coverage up to the adjusted benefit amount that you received under this rider.

Appears in 1 contract

Samples: Individual Disability Insurance

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