The balance amount is paid as a maturity
benefit at the expiry of the term.
Not exact matches
[43] Thus, I respectfully disagree with the trial judge when he said
at para. 22: «In other words, if ICBC is to reject a claim for specific
benefits under s. 96 (f), it must do so on the basis of evidence obtained before the
expiry of the 60 day deadline.
The
benefit expiry age may be selected by the member, but it is usually the age
at which the member will retire.
Accidental Death
Benefit Rider — This is generally issued only between the ages of 18 — 60, and you get coverage for between $ 25,000 and $ 250,000 with a general
expiry at age 80.
Determining amounts to be received by multiple beneficiaries should be done as a percentage of the amount to be dispensed
at the time of
expiry since the death
benefit of permanent policies may change as their cash values increase or decrease over time.