Risk Benefits definition

Risk Benefits means life insurance benefits, medical, dental and other welfare benefits (but excluding any post-retirement medical, dental and other healthcare and welfare benefits), accidental death and dismemberment benefits and any other benefits provided on ill-health, injury, death, long-term or short-term disability.
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Examples of Risk Benefits in a sentence

  • Risk Benefits any pension, lump sum, gratuity or other benefit given or to be given on the death or full or partial incapacity of a Broadcast Employee.

  • The terms of the Buyer’s DC Scheme as to member and employer contributions and Risk Benefits will not be for a period of at least 12 months following the Completion Date in any material respect less favourable than they would have been under the Irish DC Scheme in respect of each such Irish DC Member.

  • The Company or its Subsidiaries shall be responsible for any and all employment-related obligations and liabilities for Company Employees not covered by (i) Section 8.02 or (ii) the Retirement Benefits and Risk Benefits provided in Section 8.04 and Section 8.05, provided, however, that the Company shall not be responsible for any strike or strike-related conduct by employees of the Business prior to the Closing Date.