Annuitant definition

Annuitant means a person who receives a retirement allowance or a disability allowance;
Annuitant means the annuitant or beneficiary of a Plan or any other plan of which a Unitholder acts as trustee or carrier;
Annuitant. ’ means the individual shown as such in the Data Pages, or any successor Annuitant.

Examples of Annuitant in a sentence

  • The age of the Annuitant has been admitted on the basis of the declaration made by the Policyholder / Annuitant in the Proposal form and/or in any document/statement based on which this Policy has been issued.

  • In consideration of the property transferred by the Donor, the Charitable Organization shall pay to the Annuitant for life an annual annuity of $ in equal monthly payments of $ at the end of each period.

  • If the age of the Annuitant is found to be different from that declared, the Company may, adjust the Benefits under this Policy and/or recover the applicable balance amounts, if any, as it deems fit.

  • The annuity is payable during the life of the Annuitant from the First Annuity Payout Date as per the terms and conditions of the Policy.

  • Subject to the terms and conditions of this Policy and the Policy being in effect on the date of death of the Annuitant, the Company shall pay to the Eligible Person, the Purchase Price or part thereof (as applicable) under this Policy as on the date of written intimation of death of the Annuitant at the National Operations office of the Company, Bengaluru.


More Definitions of Annuitant

Annuitant means the proprietor of an annuity or charge.
Annuitant means a person who is receiving a benefit pursuant 25 to section 38-846.01.
Annuitant means the individual who has executed the application to be plan owner for the Plan within the meaning Applicable Laws give to that word;
Annuitant means the individual who has executed the Application to be the fund owner of the Fund within the meaning of Applicable Laws given to that word;
Annuitant is the natural person whose age determines the Maximum Income Date and the amount and duration of income payments involving life contingencies. The Annuitant may also be the person to whom any payment will be made starting on the Income Date. The Annuitant's name appears in the Schedule.
Annuitant provisions on page 9.