Contingent Life Amount definition

Contingent Life Amount means an amount that is specified in the Annuity Exhibits for your Annuity Form as the “Contingent Life Amount.”
Contingent Life Amount means an amount that is specified in the Annuity Exhibits for your Annuity Form as the “Contingent Life Amount.” If your Contingent Life is your spouse and has a Special Benefit Rider, then the “Contingent Life Amount” will be increased. The increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month in which your Contingent Life attains age 65. However, if your Contingent Life attains age 65 on the first of a month, the increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month before the month in which your Contingent Life attains age 65. The amount of the increase will be the amount specified as the “Special Benefit Amount” in the Annuity Exhibits. If your Contingent Life has a Level Benefit Rider, then the “Contingent Life Amount” will be increased. The increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month in which your Contingent Life attains age 65. However, if your Contingent Life attains age 65 on the first of a month, the increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month before such 65th birthday. The amount of the increase will be the amount specified as the “Level Benefit Amount” in the Annuity Exhibits.
Contingent Life Amount means an amount that is specified in the Annuity Exhibits for your Annuity Form as the “Contingent Life Amount.” If your Contingent Life has a Special Benefit Rider, then the “Contingent Life Amount” will be increased for payments owed after his or her sixty-fifth (65th) birthday. The increase will start on first day of the month after such 65th birthday. If such birthday falls on the first day of a month, the increase will start on that day. The amount of the increase will be the amount specified as the “Special Benefit” in the Annuity Exhibits. If your Contingent Life has a Level Benefit Rider, then the “Contingent Life Amount” will be increased by Three Hundred Dollars ($300.000) for payments owed after his or her sixty-fifth (65th) birthday. The increase will start on first day of the month after such 65th birthday. If such birthday falls on the first day of a month, the increase will start on that day.

Examples of Contingent Life Amount in a sentence

  • The amount of the payments will equal the Contingent Life Amount.

  • The payment terms for these Annuity Forms are described in Section 3.3; provided that the Contingent Life will be the person designated by the Deferred Covered Life and the Contingent Life Amount will be equal to the amount payable to the designated Contingent Life as determined in accordance with this Section.

  • ANNUITY EXHIBIT Covered Lives – Retired Annuity Commencement Date: January 1, 2015 Joint and Survivor Life Annuity with Refund Death Benefit Covered Life SocialSecurityNumber Sex Date ofBirth Covered Life Amount Contingent Life Contingent Life Social Security Number Contingent Life Sex Contingent Life Date of Birth Contingent Life Amount Maximum Refund Death Benefit [***] Confidential Treatment Requested Confidential portion omitted and filed separately with the Commission GA-[XXXX] Clear Water, Inc.


More Definitions of Contingent Life Amount

Contingent Life Amount means an amount that is specified in the Table of Information. If your Contingent Life has a Special Benefit Rider, then the “Contingent Life Amount” will be increased for payments owed after his or her sixty-fifth (65th) birthday. The increase will start on first day of the month after such 65th birthday. If such birthday falls on the first day of a month, the increase will start on that day. The amount of the increase will be the amount specified as the “Special Benefit Amount” in the Table of Information. If your Contingent Life has a Level Benefit Rider, then the “Contingent Life Amount” will be increased by Three Hundred Dollars ($300.000) for payments owed after his or her sixty-fifth (65th) birthday. The increase will start on first day of the month after such 65th birthday. If such birthday falls on the first day of a month, the increase will start on that day.
Contingent Life Amount means an amount that is specified as the “Contingent Life Amount” for the relevant Covered Life in the Annuity Exhibits, as amended from time to time[, or the amount determined in accordance with Section 2.3 and Section 2.4] .
Contingent Life Amount means an amount that is specified in the Table of Information. Method of Payment: We will make all payments in U.S. dollars. Payees may elect to receive payments either by check or by direct deposit to a bank or other financial institution chosen by the Payee. Checks are mailed to the last known address for the Payee as shown on our records. Direct deposit may be selected only by using a form supplied for such purpose. By written notice, a Payee may request a change of the mailing address we use for payments by check. By using a form we supply, a Payee may change the bank or other financial institution receiving direct payments. Payees must deliver these items to Prudential as described below under "Correspondence." Appendix 1.3 - 36 We may change these procedures by sending a letter to the Payee. We will use the address last shown on our records.
Contingent Life Amount means an amount that is specified in the Table of Information. Method of Payment: We will make all payments in U.S. dollars. Payees may elect to receive payments either by check or by direct deposit to a bank or other financial institution chosen by the Payee. Checks are mailed to the last known address for the Payee as shown on our records. Direct deposit may be selected only by using a form supplied for such purpose. Appendix 1.3 - 36 By written notice, a Payee may request a change of the mailing address we use for payments by check. By using a form we supply, a Payee may change the bank or other financial institution receiving direct payments. Payees must deliver these items to Prudential as described below under "Correspondence." We may change these procedures by sending a letter to the Payee. We will use the address last shown on our records.
Contingent Life Amount means an amount that is specified in the Table of Information. OCC-RL300-WindowJ&S 3 Window Spousal J&S Life Annuity Method of Payment: We will make all payments in U.S. dollars. Payees may elect to receive payments either by check or by direct deposit to a bank or other financial institution chosen by the Payee. Checks are mailed to the last known address for the Payee as shown on our records. Direct deposit may be selected only by using a form supplied for such purpose. By written notice, a Payee may request a change of the mailing address we use for payments by check. By using a form we supply, a Payee may change the bank or other financial institution receiving direct payments. Payees must deliver these items to Prudential as described below under "Correspondence." We may change these procedures by sending a letter to the Payee. We will use the address last shown on our records.
Contingent Life Amount means an amount that is specified in the Table of Information. If your Contingent Life has a Special Benefit Rider, then the “Contingent Life Amount” will be increased. The increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month in which your Contingent Life attains age 65. However, if your Contingent Life attains age 65 on the first of a month, the increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month before such 65th birthday. The amount of the increase will be the amount specified as the “Special Benefit Amount” in the Table of Information. If your Contingent Life has a Level Benefit Rider, then the “Contingent Life Amount” will be increased. The increase will start on the later of the date that monthly payments begin to your Contingent Life or the first day of the month in which your Contingent Life attains age 65. However, if your Contingent Life attains age 65 on the first of a month, the increase will start on the later of the date that monthly payments begin to your Contingent Life and the first day of the month before such 65th birthday. The amount of the increase will be the amount specified as the “Level Benefit Amount” in the Table of Information.
Contingent Life Amount means an amount that is specified in the Annuity Exhibits for the Covered Life’s Annuity Form as the “Contingent Life Amount.” [ *** ]