Common use of Purpose of the Coverage Clause in Contracts

Purpose of the Coverage. ‌ Upon receipt and approval by the Insurer of proof establishing that a participant under this contract has become totally disabled as defined herein, and after the waiting period expires, the Insurer pays a monthly benefit to the participant, the amount of which is determined below.

Appears in 3 contracts

Sources: Group Insurance Contract, Group Insurance Contract, Group Insurance Contract

Purpose of the Coverage. Upon receipt and approval by the Insurer of proof establishing that a participant under this contract has become totally disabled as defined herein, and after the waiting period expires, the Insurer pays a monthly benefit to the participant, the amount of which is determined below.

Appears in 2 contracts

Sources: Group Insurance Contract, Group Insurance Contract