Terminal Illness Clause Samples
The Terminal Illness clause defines the rights and procedures that apply if an individual covered by an agreement is diagnosed with a terminal illness. Typically, this clause allows the affected party to access certain benefits, such as accelerated payments or early withdrawals from insurance or financial products, upon providing medical proof of their condition. Its core function is to provide financial support and flexibility to individuals facing a limited life expectancy, addressing the need for immediate resources during a critical time.
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Terminal Illness. Payments from your IRA made because you are terminally ill are not subject to the 10 percent early distribution penalty tax. You are terminally ill if you have been certified by a physician, in accordance with documentation requirements to be established by the IRS, as having an illness or physical condition that can reasonably be expected to result in death in 84 months or less after the date of certification.
Terminal Illness. When a member has written verification from a doctor that an illness appears to be terminal, the District shall pay to that member his/her full monthly salary for each month or part thereof that the member survives for a period not to exceed twelve (12) calendar months after the exhaustion of other benefits.
Terminal Illness. Contractor shall notify Administrator by written report hand delivered, faxed, sent via encrypted email, within forty-eight (48) hours of becoming aware of the death due to terminal illness of any person served pursuant to this Contract.
Terminal Illness. The conclusive diagnosis of an illness that is expected to result in the death of the Life Assured within 12 months. This diagnosis must be supported by a Specialist and confirmed by the Company’s appointed doctor. Terminal illness in the presence of HIV is excluded.
Terminal Illness. A permanently appointed teacher may be granted medical retirement in circumstances where the teacher has a terminal illness which causes them to be incapable of continuing to work or returning to work.
Terminal Illness. Payments from your ▇▇▇▇ ▇▇▇ made because you are terminally ill are not subject to the 10 percent early distribution penalty tax. You are terminally ill if you have been certified by a physician, in accordance with documentation requirements to be established by the IRS, as having an illness or physical condition that can reasonably be expected to result in death in 84 months or less after the date of certification.
Terminal Illness. In the event the Policy(ies) provides for such option through a Terminal Illness Rider and Insured satisfies the Policy requirements regarding what it means to be Terminally Ill, then provided that Insured has not yet Separated From Service, they shall have the right to request (in writing) and receive from the Policy(ies) an amount up to the benefit specified in Paragraph 6A; however, this amount shall be subject to any further limitation imposed by the Policy(ies) itself. Insured shall have no ability to access the Terminal Illness Rider after they have Separated From Service.
Terminal Illness. CONTRACTOR shall notify ADMINISTRATOR by written report hand delivered, faxed, sent via encrypted email, within forty-eight (48) hours of becoming aware of the death due to terminal illness of any person served pursuant to this Agreement.
Terminal Illness. The insurer will cover the actual incurred medical cost of the palliative and hospice care On diagnosis of a terminal illness, costs are covered for any in-patient, day-patient or out-patient treatment given on the advice of a medical practitioner or specialist for the purpose of offering temporary relief of symptoms Charges for hospital or hospice accommodation, nursing care by a qualified nurse and prescribed drugs and dressings are covered The maximum benefits should be mutually agreed between the policyholder and the insurer and stipulated in the insurance contract
Terminal Illness. Palliative and hospice care: on diagnosis of a terminal illness, costs for any in-patient, day-patient or out- patient treatment given on the advice of a medical practitioner or specialist for the purpose of offering temporary relief of symptoms. Charges for hospital or hospice accommodation, nursing care by a qualified nurse and prescribed drugs and dressings are covered. Eligible in-patient and day-patient treatment only up to RMB 310,000 lifetime limit Up to RMB 310,000 lifetime limit Up to RMB 470,000 lifetime limit Up to RMB 630,000 lifetime limit