Annuities definition

Annuities means all agreements to make periodical payments for a period certain or where the making or continuance of all or some of a series of such payments, or the amount of any such payment, depends upon the continuance of human life, except payments made under the authority of paragraph one hereof. Amounts paid the insurer to provide annuities and proceeds applied under optional modes of settlement or under dividend options may be allocated by the insurer to one or more separate accounts pursuant to section four thousand two hundred forty of this chapter.

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Annuities means certain amounts payable periodically at stated times, for life or for 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.

Annuities means the annual retirement payments for life granted beneficiaries in

Examples of Annuities in a sentence

• Annuities — You may choose a fixed annuity (with fixed-dollar payments), a variable annuity (with variable-dollar payments), or you may choose a combination of both.

• The reinsurance will be payable by the Reinsurer on the basis of the liability of the Ceding Company under the Annuities without diminution because of the insolvency of the Ceding Company.

• Other deductions which may be requested are Credit Union, Income Protection Insurance, Tax Sheltered Annuities, and United Way, provided each deduction is Ten Dollars ($10) or more, hospitalization-medical insurance premiums and Union dues/service fee/PAC.

• Subject to the other provisions of this Contract, upon Written Communications from the Contract Owner, Nationwide shall purchase Annuities or make Cash Payments in such manner and amounts specified by the Contract Owner on behalf of the Participant.

• Annuities derived and beneficially owned by a resident of a Contracting State shall be taxable only in that State.

More Definitions of Annuities

Annuities means the annual retirement payments for life granted beneficiaries in accordance with this article.

Annuities as used in this paragraph means a stated sum paid periodically at stated times during the life of the individual, or during a specified or ascertainable period of time, under an obligation to make the payments in return for adequate and full consideration (other than services rendered).

Annuities means all agreements to make periodical payments

Annuities means all agreements to make periodic payments in fixed dollar amounts pursuant to the

Annuities means all agreements to make periodical payments where the making or continuance of all or some of the series of the payments, or the amount of the payment, is dependent upon the continuance of human life or is for a specified term of years. This definition does not apply to payments made under a policy of life insurance.

Annuities means all agreements to make periodical payments for a period certain or

Annuities means all agreements to make periodical payments for a period certain or where the making or continuance of all or some of a series of such payments, or the amount of any such payment, depends upon the continuance of human life, except payments made under the authority of the preceding paragraph. Amounts paid the insurer to provide annuities and proceeds applied under optional modes of settlement or under dividend options may be allocated by the insurer to one or more separate accounts pursuant to section four thousand two hundred forty of the Insurance Law of the State of New York.