Annuitant’s Broker definition

Annuitant’s Broker means [XYZ Company], including its affiliates, and any successors, provided that, after the Annuity Start Date, you may change the Annuitant’s Broker to another provider. Separately, at AUL’s discretion, the Annuitant’s Broker may be replaced after the Annuity Start Date if AUL were to reasonably deem the Annuitant’s Broker’s performance to be unacceptable. The Annuitant’s Broker’s duties and responsibilities will include providing guidance to you with respect to the purchase of medical, prescription drug, dental, vision or long- term care insurance with a party other than AUL.
Sample 1

Examples of Annuitant’s Broker in a sentence

  • For an Annuitant to be qualified to receive Annuity Payments, an Annuitant must (i) be no more than [three (3)] months from reaching his or her Eligibility Date and (ii) have purchased medical insurance through the Annuitant’s Broker with a party other than AUL (together, the “Qualification Requirements”).

  • If AUL replaces the Annuitant’s Broker for future enrollments, AUL has the obligation to notify the Annuitants of such a change at least [thirty (30)] days prior to its effective date.

  • Separately, at AUL’s discretion, the Annuitant’s Broker may be replaced at any time for future enrollments if AUL were to reasonably deem the Annuitant’s Broker’s performance to be unacceptable.

  • Beginning on the Annuity Start Date, the Annuitant’s Broker shall be [XYX Company], including its affiliates, and any successors.

  • After an Annuitant’s first enrollment, an Annuitant may change the Annuitant’s Broker to another provider.

  • The requirement in (ii) to purchase medical insurance through the Annuitant’s Broker with a party other than AUL will be waived for Annuitants that (i) have Tricare coverage; (ii) receive benefits through the Veterans Benefits Administration; (iii) have their principal place of residence in a jurisdiction in which Annuitant’s Broker is not licensed; (iv) are enrolled in an individual Medigap plan prior to the announcement date; (v) have a plan through Kaiser Permanente; or (vi) are enrolled in Medicaid.

Related to Annuitant’s Broker

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

  • 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.

  • Annuity Payments The series of payments made to the Owner or any named payee after the Annuity Date under the Annuity Option selected. ANNUITY PERIOD: The period of time beginning with the Annuity Date during which Annuity Payments are made.

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

  • 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.

  • 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.

  • Beneficiary form means a registration of a security which indicates the present owner of the security and the intention of the owner regarding the person who will become the owner of the security upon the death of the owner.

  • 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.

  • 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.

  • wife shall be known as a "Spouse," and when mentioned together, the Husband and Wife shall be known as the "Couple."

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

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

  • Individual with a disability means an individual who:

  • Beneficiaries means any Person to whom the Issuer is or hereafter becomes indebted or liable.

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

  • Covered benefits or “benefits” means those health care services to which a covered person is entitled under the terms of a health benefit plan.

  • land reform beneficiary , in relation to a property, means a person who -

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

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

  • 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.

  • 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.

  • Contingent Compensation Payment means any payment (or benefit) in the nature of compensation that is made or made available (under this Agreement or otherwise) to a “disqualified individual” (as defined in Section 280G(c) of the Code) and that is contingent (within the meaning of Section 280G(b)(2)(A)(i) of the Code) on a Change in Ownership or Control of the Company.

  • Non-Participating Marriage and Family Therapist means a Marriage and Family Therapist who does not have a written agreement with the Claim Administrator or another Blue Cross and/or Blue Shield Plan to provide services to you at the time services are rendered.

  • Accredited college or university means a college or university accredited by a national or regional association recognized by the secretary of the United States department of education or a foreign college or university of comparable standing.

  • Annuity Unit An accounting unit of measure used to calculate the amount of Annuity Payments.

  • Pre-Retirement Survivor Benefit means the benefit set forth in Article 6.