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<br />FAMILY INCOME BENEFIT <br /> <br />The Company will pay a lump sum benefit to the Eligible Survivor, when proof is received that an Insured Employee died: <br />1. after Disability had continued for 180 or more consecutive days; <br />2. while receiving a Monthly Benefit; and <br />3. as a result of the Disability for which the Monthly Benefit was being paid, or as a result of an accident. <br /> <br />The benefit will be equal to three times the Insured Employee's Last Monthly Benefit. It will be paid in three monthly <br />installments. <br /> <br />"Last Monthly Benefit" means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any <br />reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will <br />not apply. <br /> <br />"Eligible Survivor" means the Insured Employee's: <br />1. surviving spouse; or, if none <br />2. surviving children who are under age 25 on the Insured Employee's date of death, <br /> <br />If payment becomes due to the Insured Employee's children; then payment will be made to: <br />1. the surviving children, in equal shares; or <br />2. a person named by the Company to receive payments on the children's behalf. <br /> <br />This payment will be valid and effective against all claims by others representing, or claiming to represent, the children. <br /> <br />If there are no Eligible Survivors, payment will be made to the Insured Employee's estate. <br /> <br />Three Month Survivor Benefit <br /> <br />i..3001-LTD-1994 FL <br /> <br />2g <br />