Residual Disability definition
Examples of Residual Disability in a sentence
If the Indexed Cost Of Living Benefit Rider is part of the policy, we will use the Adjusted Basic Monthly Benefit to calculate the Disability Benefit for Residual Disability.
The Disability Benefit for Residual Disability will be based on your Loss Of Income, as shown below.
However, for the first twelve months that a Disability Benefit is payable for Residual Disability, we will pay no less than 50% of the Basic Monthly Benefit.
Disability Benefits will no longer be payable for Residual Disability on the date that the first of the following events occurs: • you are no longer Residually Disabled; • your Loss Of Income is no longer solely due to the Injury or Sickness that caused your Disability; • you become Totally Disabled; or • the Maximum Benefit Period ends.
For purposes of this rider only, the definitions of Disability/Disabled and Disability Benefit/Disability Benefits in the policy are changed as follows: You will be eligible for a Disability Benefit during your Residual Disability if you meet the requirements below.
However, for the first six months that a Disability Benefit is payable for Residual Disability, we will pay no less than 50% of the Basic Monthly Benefit.
You will be eligible for a Disability Benefit during your Residual Disability if you meet the requirements below.
Disability Benefits will no longer be payable for Residual Disability on the date that the first of the following events occurs: you are no longer Residually Disabled; your Loss Of Income is no longer solely due to the Injury or Sickness that caused your Disability; you become Totally Disabled; or the Maximum Benefit Period ends.
The Company must receive complete and proper proof of Total Disability or Residual Disability.
The Disability Benefit for Residual Disability will be paid when you have a Loss Of Income, and either a Loss Of Duties or a Loss Of Time, due to your Injury or Sickness.