Other Facts definition
Other Facts. About The New Policy. The new policy's owner and beneficiary will be the same as those of this policy on the effective date of the exchange. The new policy will have the same issue age, issue date, face amount, benefit riders and premium class as this policy. The death benefit under the new policy will be the Guaranteed Insurance Amount of this policy. -------------------------------------------------------------------------------------------------------------------------------- PROCEEDS PAYABLE TO THE BENEFICIARY We will pay the death benefit proceeds to the beneficiary upon your death. The proceeds may be paid in cash or under one or more income plans. --------------------------------------------------------------------------------------------------------------------------------
Examples of Other Facts in a sentence
However, the Trustee Shall Examine the Certificates and Opinions to Determine Whether or Not They Conform to the Requirements of This Indenture (But Need Not Confirm or Investigate the Accuracy of Mathematical Calculations or Other Facts Stated Therein or Otherwise Verify the Contents Thereof).