Issue Age definition

Issue Age means your age on the Policy Effective Date. The Issue Age is shown on the Policy Data page. Maximum Benefit Period means the maximum period of time we will pay Disability Benefits for any one Disability. This period is shown on the Policy Data page. It begins on the Commencement Date. Once the Maximum Benefit Period ends, you will not be eligible for a new Maximum Benefit Period unless:
Issue Age. Issue Age is the Insured's age on the last birthday on or before the Policy Date. It is shown on the Policy Data Page.
Issue Age means the age at the Insured's nearest birthday on the policy date.

Examples of Issue Age in a sentence

  • The Issue Age of the Annuitant or Owner plus the number of full years elapsed since the Contract Date.

  • Although there is no uniform Premium for all Insureds, there is a uniform Premium for all Insureds of the same Underwriting Class, Issue Age, death benefit option, gender, and Face Amount.

  • The planned premium is an amount that you arrange to pay for the Certificate that is based on the requested initial Face Amount, the Issue Age of the Insured and the charges under the Certificate.

  • The planned annual premium is an amount that you arrange to pay for the Policy that is based on the requested initial Face Amount, the Issue Age of the Insured and the charges under the Policy.

  • This rider is not available if any Covered Life is older than the Maximum Rider Issue Age on the Rider Effective Date.


More Definitions of Issue Age

Issue Age. The Insured’s age as of the nearest birthday on the Policy Effective Date.
Issue Age means the age of the Certificateholder on the date shown on the certificate.
Issue Age means the Insured’s age last birthday on the Date of Issue. The Insured’s Issue Age is shown on the Certificate Schedule. Lapse means the Coverage has terminated or been placed on paid-up term insurance because a premium was not paid when due. Non-guaranteed Credits may be credited on each Certificate Anniversary based upon current interest and mortality rates, declared in advance by Us that are more favorable than the guaranteed rates. Credits are used to purchase additional Deferred Paid-Up Term Insurance.
Issue Age. The Insured's age as of the Insured's birthday nearest the Issue Date.
Issue Age is the Insured's age on the last birthday on or before the Contract Date. It is shown in the Schedule.
Issue Age. The age of the annuitant at the time this contract was issued (issue date) determined by the annuitant's last birthday.
Issue Age. The age of the insured at the time this policy was issued (issue date) determined by the insured's last birthday.