Insured Spouse definition

Insured Spouse means an Insured Person who is a Spouse.
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Insured Spouse means the named person specified as such in the Schedule (under Relationship to Principal Insured), being the surviving legal spouse of the Principal Insured
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Insured Spouse. Means a person who is legally married to the Principal Insured, who is living with the Principal Insured, who is under sixty-five (65) years of age, who is covered under this Policy and who is named in the Policy Schedule.
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Examples of Insured Spouse in a sentence

  • We will always make available a plan of insurance to which an Insured Spouse may convert.

  • We agree to pay the death benefit upon receipt of due proof of death of the Insured Spouse.

  • A= the Fair Market Value of one Share at the exercise date, or in the case of 102 Awards, the fair market value as determined in the tax ruling, as applicable.

  • Insurance on the Insured Spouse under this Agreement may be converted on or before the anniversary of this Agreement following the 65th birthday of the Insured Spouse.

  • If the Insured Spouse commits suicide, while sane or insane, within 2 years from the effective date of this Agreement, the total liability shall be the Cost of Insurance for this benefit.

  • Beneficiary Any amount payable upon the death of the Insured Spouse will be paid, unless otherwise provided, to the owner of this rider, if living, otherwise to the owner's estate or legal successors.

  • Conversion of Spouse's Term Rider The insurance on the Insured Spouse may be converted at any time to a new contract without evidence of insurability upon written request to us provided: (1) this rider is in force; and(2) the request for conversion on the Insured Spouse is made no later than 31 days after the expiration date.The premium for the new contract will be based on the age of the Insured Spouse on the contract date of the new contract.

  • Suicide If the Insured or the Insured Spouse dies by suicide, while sane or insane, within two years of the effective date of this rider, the amount payable by us will be equal to the total cost of insurance and any expense charges associated with this rider.

  • If this rider terminates because of the Insured's death by suicide, the Insured Spouse has 31 days in which to convert the insurance according to the terms of the Conversion Provision.

  • This Rider also terminates on the earliest of the following dates: (1) the date this Rider is converted to a new Policy; (2) the Policy Anniversary on which the Insured Spouse reaches Attained Age 70; or (3) the date the Policy to which this Rider is attached terminates.


More Definitions of Insured Spouse

Insured Spouse means the spouse named and proposed for insurance in the application for this Rider.
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Insured Spouse means a person who: (a) was an Eligible Spouse on his or her first Current Benefit Date; (b) became insured under the Policy, as approved by New York Life; and (c) remains insured under the Policy.
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Insured Spouse means the Insured’s lawful spouse by marriage or common law, not including a spouse who is legally
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Insured Spouse means the Insured’s Spouse, for whom premium is paid while covered under this Policy.
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Insured Spouse means the legal husband, wife or civil union partner of the Principal Insured and as nominated in writing by the Principal Insured. The Principal Insured can nominate (in writing) a maximum of 1 (one) insured Spouse. The insured Spouse’s maximum age at the Commencement Date must not exceed sixty (60) years of age;
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Insured Spouse means the Insured's spouse named in the application for this rider.
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Related to Insured Spouse

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • de facto spouse means a person of the opposite sex to the employee who lives with the employee as the husband or wife of the employee on a bona fide domestic basis, although not legally married to that person.

  • Spouse means, an individual who,

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Annuitant means a person who receives a retirement allowance or a disability allowance;

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Military spouse means a person who is married to a military service member.

  • Eligible Spouse means a spouse of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document, or an ex-spouse who is an Eligible Spouse with rights to coverage as an Eligible Spouse pursuant to a court order recognized by SHARP. A Spouse must be married to retiree at least one year prior to the effective date of retirement. A Spouse married after the retiree’s effective retirement date is considered a non-eligible spouse for purposes of the Plan. [See “Spouse”]

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Joint Annuitant means the individual specified as such in the Data Pages. The Joint Annuitant must be the spouse of the Annuitant on the Contract Date.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Contingent Annuitant is the natural person who becomes the Annuitant if the Annuitant dies prior to the Income Date.

  • Community spouse means a spouse of an institutionalized spouse for the purposes of rules 441—75.5(249A), 441—75.16(249A), and 441—76.10(249A).

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Beneficiary(ies means the beneficiary(ies) designated by the Participant who are entitled to receive any distributions from the Plan payable upon the death of the Participant.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Institutionalized spouse means a married person living in a medical institution, or nursing facility, or home- and community-based waiver setting who is likely to remain living in these circumstances for at least 30 consecutive days, and whose spouse is not in a medical institution or nursing facility for the purposes of rules 441—75.5(249A), 441—75.16(249A), and 441—76.10(249A). “Local office” shall mean the county office of the department of human services or the mental health

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Accrued Benefit means the amount standing in a Participant's Account(s) as of any date derived from both Employer contributions and Employee contributions, if any.

  • Qualified Beneficiaries has the meaning set forth in Section 4.12.