Death Benefits definition

Death Benefits means the lump sum referred to in clause 7.1;
Death Benefits means, subject to satisfaction of all policy terms and conditions by the insured, the benefit to be paid due to the death of the insured resulting from an Injury and/or Sickness.
Death Benefits as used in this contract refers to the payment at death.

Examples of Death Benefits in a sentence

  • Prior to the Annuity Commencement Date, if no Beneficiary or contingent Beneficiary survives the Owner, the Death Benefits will be paid to the Owner's estate.

  • Unless otherwise provided in the Beneficiary designation, once a Beneficiary is receiving Death Benefits or annuity payments under an Annuity Payment Option, the Beneficiary may name his or her own Beneficiary to receive any remaining benefits due under the Contract, should the original Beneficiary die prior to receipt of all benefits.

  • Notwithstanding any provision of this Contract to the contrary, the payment of Death Benefits provided under the Contract must be made in compliance with Code Section 72(s) or 401(a)(9) as applicable, as amended from time to time.

  • The Owner may name and change the beneficiaries of the Death Benefits while the Annuitant is living.

  • MINIMUM VALUE STATEMENT Any Surrender Values, Death Benefits, or settlement provisions available under this contract equal or exceed those required by the state in which the contract is delivered.


More Definitions of Death Benefits

Death Benefits means benefits payable under Part 9 (death benefits);
Death Benefits means death benefits of any kind, including proceeds of life insurance pol- icies, payments under annuity or endowment contracts, and funds payable in connection with pen- sion, retirement, stock bonus or profit-sharing plans, or any trust administered in connection with these arrangements.
Death Benefits means death benefits payable in terms of section 31; “dependant”, in relation to a member of any fund, means -
Death Benefits shall also include paid-up Insurance Contracts which may be purchased for Participants who are Corporate Officers or former Corporate Officers under Article V of the Plan and Plan Exhibits B and C in the event of a Change in Control.
Death Benefits. $200,000 Note: Reinsurance amounts in excess of 90% will be covered under Agreement 3002 between the ceding company and The Guardian. EXHIBIT C AUTOMATIC AND JUMBO LIMITS AUTOMATIC LIMITS ON BUSINESS CEDED TO THE GUARDIAN 1. Life: 90% of each policy up to the following maximums. On non-aviation risks: Ages Preferred-Class 4 Class 5 - 16 ---- ----------------- ------------ 0 - 15 $ 9,000,000 $4,500,000 16 - 70 13,500,000 8,500,000 71 - 75 9,000,000 2,500,000 Over 75 2,500,000 2,500,000 On aviation risks: The lower of $7,500,000 or the limit for non-aviation risks.
Death Benefits means death benefits of any kind, including proceeds of life insur- ance policies, payments under annuity or en- dowment contracts, and funds payable in connection with pension, retirement, stock bonus or profit-sharing plans, or any trust administered in connection with these ar- rangements.
Death Benefits means any of the following—