Common use of The Benefit Clause in Contracts

The Benefit. You may increase the Face Amount of this contract as provided in Paragraph 4 Increase Option. 2) We will pay the amount of any Term Insurance (see Paragraph 5) in force under this rider to the beneficiary as part of the Death Proceeds upon receiving proof that the death of the Insured occurred before this rider terminated. 4. INCREASE OPTION. 4a. Increase in Face Amount. An option to increase the Face Amount of this contract will become effective on each Fixed Increase Option Date and each Additional Increase Option Date (see paragraphs 4c and 4d) if less than the Maximum Number of Options have been used to increase the Face Amount. Each option will be in effect for 90 days after the effective date of the option but will terminate earlier upon: 1) The date the Face Amount is increased under this rider; or 2) The date this rider terminates. 4b. Maximum