Common Disaster definition

Common Disaster. If an Owner is a natural person, and if any other Owner or Beneficiary dies with the Owner in a common disaster, it must be proved to our satisfaction that the Owner died first. When there is insufficient evidence to determine the order of death, then, unless prohibited by law, we will deem the Owner to be the last survivor and pay the proceeds to any remaining Beneficiary, or if none, to any remaining contingent Beneficiary, or if none, to any surviving Owner, or if none, to the Owner's estate.
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Common Disaster. If any Beneficiary shall die simultaneously with the Insured or within days after the death of the Insured, payment of the proceeds shall be made in accordance with the Policy terms and conditions which would have prevailed had the Insured survived such Beneficiary. This Beneficiary Designation shall take effect only when recorded by the Company at its Home Office, and when so recorded, it shall take effect as of the date of this request. I hereby request that any Policy provision which might otherwise require that said Policy be submitted for endorsement of this change be waived. I certify that said Policy is in my possession and control and that no other person, firm, or corporation has any claim to an interest therein, except for any assignment now on record with the Company. Unless otherwise stated herein, the right to change the Beneficiary and elect settlement is reserved to the Policy Owner. Unless the Company has been notified of a community property interest in this Policy, the Company shall be entitled to rely on its good faith belief that no such interest exists and assumes no responsibility for inquiry. The Owner and/or Insured signing this form agree to indemnify and hold the Company harmless from the consequences of accepting this transaction Owner Signature Owner Social Security # Owner Signature Owner Social Security # Agent Agent # Other required signature (i.e. – Assignee, Irrevocable Beneficiary) Date When recorded by the Company at its Home Office, return form to: Agent Policy Owner THIS SPACE FOR HOME OFFICE USE ONLY Received and recorded at the Home Office of Farm Bureau Life Insurance Company. Registrar or Date Recorded Assistant Secretary
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Common Disaster. If an Owner is a natural person and if any Beneficiary dies with the Owner in a common disaster, it must be proved to our satisfaction that the Owner died first. Unless information provided indicates otherwise, the Annuity is treated as though the Beneficiary died first. If: (a) the Owner is not a natural person; (b) no Contingent Annuitant has been designated; and (c) the Annuitant and the Beneficiary die in a common disaster, then it must be proved to our satisfaction that the Annuitant died first. Unless provided otherwise, the proceeds are payable as if the Beneficiary died before the Annuitant. PURCHASE PAYMENTS
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Examples of Common Disaster in a sentence

  • Common Disaster: If any Beneficiary dies with the last surviving Insured in a common disaster, it must be proved to our satisfaction that the last surviving Insured died first.

  • Common Disaster Option The common disaster option may be elected and changed after Contract issue by a signed written request.

  • Common Disaster: If a participant is a natural person and if any Beneficiary dies with the participant in a common disaster, it must be proved to our satisfaction that the participant died first.

  • If a Common Disaster occurs, the Company will assume that the successor Owner (as determined by the Rights of Succession section) died first.

  • Common Disaster: If the Annuitant and any Beneficiary die in a common disaster, it must be proved to our satisfaction that the Annuitant died first.

  • Common Disaster Option: The common disaster option may be elected in the application or later by written request.

  • Common Disaster: If any Beneficiary dies with the Insured in a common disaster, it must be proved to our satisfaction that the Insured died first.

  • The contingent beneficiary is the person or entity who will receive the policy proceeds should the primary beneficiary not survive the insured Name of primary beneficiary Relationship to insured Name of contingent beneficiary Relationship to insured 10=day common disaster clause* _____-day Common Disaster Clause* (30 day maximum) *A common Disaster Clause requires that the beneficiary survive the insured for a specified length of time before becoming entitled to the policy proceeds.

  • M/_______ D/_______ Y/_______ / / 10-day Common Disaster Clause* / / ______ -day Common Disaster Clause* * A Common Disaster Clause requires that the beneficiary survive the insured for a specified length of time before becoming entitled to the policy proceeds.

  • If there are no beneficiaries living when the insured dies, or at the end of any Common Disaster period, the proceeds (commuted if required) will be payable to you, if you are living, or to your estate.

Related to Common Disaster

  • Natural Disaster means a flood, hurricane, tornado, earthquake, volcanic eruption, fire, wildfire or blizzard that is due to natural causes.

  • Major disaster means any natural catastrophe (including any hurricane, tornado, storm, high water, winddriven water, tidal wave, tsunami, earthquake, volcanic eruption, landslide, mudslide, snowstorm, or drought), or, regardless of cause, any fire, flood, or explosion, in any part of the United States, which in the determination of the President causes damage of sufficient severity and magnitude to warrant major disaster assistance under this Act to supplement the efforts and available resources of States, local governments, and disaster relief organizations in alleviating the damage, loss, hardship, or suffering caused thereby.

  • Disaster means a sudden emergency occurrence beyond the control of the licensee, whether natural, technological, or man-made, that renders the licensee unable to operate the facility or makes the facility uninhabitable.

  • Business Continuity and Disaster Recovery Plan means the Schedule containing plans and provisions for business continuity and disaster recovery.

  • Termination of irradiation means the stopping of irradiation in a fashion which will not permit continuance of irradiation without the resetting of operating conditions at the control panel.

  • Intellectual disability means "intellectual disability" as defined in OAR 411-320-0020 and described in OAR 411-320-0080.

  • Serious emotional disturbance means a diagnosable mental, behavioral, or emotional disorder affecting a minor that exists or has existed during the past year for a period of time sufficient to meet diagnostic criteria specified in the most recent Diagnostic and Statistical Manual of Mental Disorders published by the American Psychiatric Association and approved by the department and that has resulted in functional impairment that substantially interferes with or limits the minor's role or functioning in family, school, or community activities. The following disorders are included only if they occur in conjunction with another diagnosable serious emotional disturbance:

  • Implement of husbandry means a vehicle that is designed for agricultural purposes and

  • Developmental disability means that condition defined in RCW 71A.10.020(5);

  • Autism spectrum disorder means a neuro-developmental condition typically appearing in the first three years of life that significantly affects a person's ability to communicate, understand relationships and relate to others, and is frequently associated with unusual or stereotypical rituals or behaviours.

  • speech and language disability means a permanent disability arising out of conditions such as laryngectomy or aphasia affecting one or more components of speech and language due to organic or neurological causes.

  • Access Terminal means any device used to access any of Your Accounts, including without limitation an ATM, a computer, a portable hand-held device, or a telephone, including any form of mobile telephone or Mobile Device.

  • Community Developmental Disability Program (CDDP means an entity that is responsible for planning and delivery of services for individuals with developmental disabilities in a specific geographic service area of the state operated by or under a contract with the Division or a local mental health authority.

  • Autism spectrum disorders means any of the pervasive developmental disorders as defined by the Diagnostic and Statistical Manual of Mental Disorders, 4th edition, published by the American Psychiatric Association, including autistic disorder, Asperger's disorder and pervasive developmental disorder not otherwise specified.[PL 2011, c. 420, Pt. A, §26 (RAL).]

  • Interruption of irradiation means the stopping of irradiation with the possibility of continuing irradiation without resetting of operating conditions at the control panel.

  • Catastrophic disability means a physical and not a psychological

  • Off-highway implement of husbandry means the same as that term is defined in Section 41-22-2.

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Force Majeure Events means acts of war, domestic and/or international terrorism, civil riots or rebellions, quarantines, embargoes and other similar unusual governmental actions, extraordinary elements of nature or acts of God.

  • Extraordinary Services and "Extraordinary Expenses" means all services rendered and all expenses (including fees and expenses of Counsel) incurred under the Indenture and the Tax Agreement other than Ordinary Services and Ordinary Expenses.

  • Disaster Recovery Services means the disaster recovery and/or business continuity services (as the context may require) to be provided by the Supplier pursuant to Schedule 5 (Disaster Recovery and Business Continuity);

  • Communicable disease means an illness caused by an infectious agent or its toxins that occurs through the direct or indirect transmission of the infectious agent or its products from an infected individual or via an animal, vector or the inanimate environment to a susceptible animal or human host.

  • Service disabled veteran business means a business that is at least 51 percent owned by one or more service disabled veterans or, in the case of a corporation, partnership, or limited liability company or other entity, at least 51 percent of the equity ownership interest in the corporation, partnership, or limited liability company or other entity is owned by one or more individuals who are service disabled veterans and both the management and daily business operations are controlled by one or more individuals who are service disabled veterans.

  • Force Majeure Event means an event, or a series of related events, that is outside the reasonable control of the party affected (including failures of the internet or any public telecommunications network, hacker attacks, denial of service attacks, virus or other malicious software attacks or infections, power failures, industrial disputes affecting any third party, changes to the law, disasters, explosions, fires, floods, riots, terrorist attacks and wars);

  • Nontransient noncommunity water system means a public water system that is not a community water system and that regularly serves at least the same 25 persons over 6 months per year.