Annuity Policy definition

Annuity Policy shall have the meaning set forth in Section 4.1(j)(xxi).
Sample 1Sample 2Sample 3
Annuity Policy means the policy or contract of assurance to which this Appendix is attached.
Sample 1
Annuity Policy means alife policy in relation to an annuity that is declared to be a superannuation policy under regulations made for the purposes of paragraph (b) of the definition of superannuation policy in the Dictionary in the Life Insurance Act 1995 .
Sample 1

Examples of Annuity Policy in a sentence

  • Usually this policy is taken up by husband and wife jointly or by two partners in a partnership firm where the amount is payable to the survivor on the death of either of the two.(iv) Annuity Policy: Under this policy, the assured sum or policy money is payable after the assured attains a certain age in monthly, quarterly, half yearly or annual instalments.

  • The plan was established with an effective date of January 1, 1962 and Decem ber 31st year end.The DCPP is funded under a Group Annuity Policy issued by Sun Life Assurance Company of Canada.

  • Your Annuity Policy cannot be changed or surrendered after issue.

  • For more complete information, reference should be made to the Pension Plan Document and Group Annuity Policy Number 99059-G.

  • Pension payments will be calculated using the greater of (a) Sun Life Assurance Company of Canada’s current payout Annuity rate applicable at the time of calculation, and (b) a minimum guaranteed rate determined by reference to the mortality table and interest rate specified in the Group Annuity Policy.

  • Thanks also to Andrés Domínguez for his support during the transcription process.

  • For an Immediate Annuity Policy, the Surrender Value will be the Special Surrender Value (SSV) as per Sub-Section d)iii) below.

  • After receipt of two (2) full Policy Years’ Regular Premiums in a Regular Premium Deferred Annuity Policy.

  • Jersey NP Annuity Policy means any NP Annuity Policy which is a Jersey Policy.

  • Guaranteed Addition will not be payable in case of a lapsed or Paid-up policy.Option to increase the annuity through Top-up premiums:You will have the option to pay Top-up Premiums any time after the Policy Commencement Date under the existing Immediate or Deferred Annuity Policy.

Related to Annuity Policy

  • D&O Policy has the meaning set forth in Section 6.18(b).

  • Policy means Related Party Transaction Policy.

  • Life Insurance Policy has the meaning given in Section 6.11.

  • Health insurance policy means a policy that provides specified benefits for hospital and/or general treatment and meets all requirements under section 63-10 of the Private Health Insurance Act 2007.

  • Individual health insurance coverage means health insurance coverage offered to individuals in the

  • R&W Policy means any buyer-side representations and warranties insurance policy purchased by a Buyer or an Affiliate thereof in connection with this Agreement on or before the Closing Date.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Lot coverage means the portion or percentage of the area of a lot upon which buildings are erected.

  • Life insurance means insurance coverage on human lives including benefits of endowment and annuities, and may include benefits in the event of death or dismemberment by accident and benefits for disability income and unless otherwise specifically excluded, includes individually issued annuities.

  • CSR Policy means the present Corporate Social Responsibility Policy of the Company, which covers the activities to be undertaken by the Company as specified in Schedule VII to the Act and the CSR Expenditure thereon.

  • Covered policy means a policy of commercial risk insurance, professional liability insurance or public entity insurance.

  • Health insurance coverage means benefits consisting of medical care (provided directly, through

  • Group health insurance coverage means in connection with a group health plan, health insurance

  • Primary Insurance Policy Each policy of primary mortgage guaranty insurance or any replacement policy therefor with respect to any Mortgage Loan.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;

  • Health insurance carrier or "carrier" means any entity subject to the insurance

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Health insurance plan means any health insurance policy or health benefit plan offered by a health insurer or a subcontractor of a health insurer, as well as Medicaid and any other public health care assistance program offered or administered by the State or by any subdivision or instrumentality of the State. The term includes vision care plans but does not include policies or plans providing coverage for a specified disease or other limited benefit coverage.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Reimbursement insurance policy means a policy of insurance

  • Life insurance producer means any person licensed in this state as a resident or nonresident insurance producer who has received qualification or authority for life insurance coverage or a life line of coverage pursuant to chapter 522B.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • City Policies means any or all (as the context requires) of those procedures, standards and/or standard specifications, requirements, policies and the like listed in Schedule H or notified to the Supplier from time to time, as the same may be updated, modified, expanded, revised, supplemented and/or replaced from time to time by the City (as notified to the Supplier);

  • 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.

  • Insurance Program or “program” shall mean a program which has been designated as a major program of PRISM under which participating members are protected against designated losses, either through joint purchase of primary or excess insurance, pooling of self-insured claims or losses, purchased insurance or any other combination as determined by the Board of Directors. The Board of Directors, the Executive Committee, or a program’s governing committee may determine applicable criteria for determining eligibility in any insurance program, as well as establishing program policies and procedures.

  • Group Policy /”policy” means the breakdown policy as set out in this document;