Unforeseen Financial Emergency

Example Definitions of "Unforeseen Financial Emergency"
Unforeseen Financial Emergency. Means an unanticipated emergency that is caused by an event beyond the control of the Participant that would result in severe financial hardship to the Participant, and which cannot be relieved through other reasonable means available to the Participant, resulting from (i) a sudden and unexpected illness or accident of the Participant or his or her spouse or a dependent of the Participant, (ii) a loss of the Participant's property due to casualty, or (iii) some other extraordinary and... unforeseeable circumstances arising as a result of events beyond the control of the Participant, all as determined in the discretion of the Plan Administrator View More Arrow
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