Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debts or liens.

Net death benefit means, with respect to a Policy, the amount projected to be paid by the Issuing Insurance Company to the Borrower or the Securities Intermediary on its behalf as a result of the death of the related Insured.

Net death benefit means the amount of the life insurance policy or certificate to be

Examples of Net death benefit in a sentence

The Trailer is validly licensed for the Province within which delivery to the Renter occurs.

More Definitions of Net death benefit

Net death benefit means, with respect to any Policy, as of any date of determination, the death benefit payable under such Policy net of any Policy Loan (and accrued interest) as of such date of determination.

Net death benefit means the amount of the life insurance

Net death benefit means the amount of the life insurance policy or certificate to be settled less any outstanding debt or lien.

Net death benefit means the amount of the

Net death benefit means the amount of the policy to be

Net death benefit shall be the death benefit payable under the terms of the Policy or Policies reduced by the aggregate premiums paid by the Company.

Net death benefit. The death benefit less any policy debt.