Examples of Terminally Ill or Injured in a sentence
Option: If you become a Terminally Ill or Injured Employee while insured under the Employee Term Life Insurance provision or while your death benefit protection is being extended under the Employee Term Life Coverage provision, you may elect to have the Terminal Condition Proceeds placed under this option.
Payment of Terminal Condition Proceeds: If you elect this option, Prudential will pay the Terminal Condition Proceeds you place under this option in one sum when it receives proof that you are a Terminally Ill or Injured Employee.
Option to Accelerate Payment of Death Benefits for a Terminally Ill or Injured Employee Note: (1) If you elect this option, the amount of your Employee Term Life Insurance is reduced by any payment made under this option.
You are advised to seek the help of a professional tax advisor for assistance with any questions that you may have.The following is added to the Employee Term Life Coverage provision: Definitions• Terminal Condition: A medically determinable condition that results in your becoming a Terminally Ill or Injured Employee.
The first monthly payment will be due when Prudential receives proof that you are a Terminally Ill or Injured Employee.
A Provider which provides palliative and supportive care for Terminally Ill or Injured people who are terminally Injured.
A Provider which provides palliative and supportive care for Terminally Ill or Injured people who are terminally injured.
But, Prudential will refund any premiums paid for that increase.Any death benefit provided under a section of this Coverage is payable according to that section and the Beneficiary and Mode of Settlement Rules.Option to Accelerate Payment of Death Benefits for a Terminally Ill or Injured Employee Note: (1) If you elect this option, the amount of your Employee Term Life Insurance is reduced by any payment made under this option.
The Terminal Condition Proceeds are equal to 90% of the amount in force on your life on the date Prudential receives the proof that you are a Terminally Ill or Injured Employee, but not more than $500,000.
Definitions• Terminal Condition: A medically determinable condition that results in your dependent becoming a Terminally Ill or Injured Dependent.• Terminally Ill or Injured Dependent: A dependent whose life expectancy is 12 months or less.• Terminal Condition Proceeds: The amount of Dependents Term Life Insurance that you may elect to place under this option.