Expression of the extent of coverage in a lump sum, whereby the entire amount expressed in the policy is available either per person or per accident regardless of whether the claim is for Bodily Injury or Property Damage or both.
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A group policy provision which will pay the life benefit when (1) the insured is totally and continuously disabled at the time the policyholder stops paying premium, until the insured’s death; and (2) if the insured dies within one year of the date the premium payments stopped, or prior to age 65.