Joint Certificate definition
Examples of Joint Certificate in a sentence
Joint Certificate Holders have joint ownership rights and both must authorize exercising any ownership rights unless Aetna allows otherwise.
If the Certificate is owned by Joint Certificate Owners, upon the death of any Certificate Owner or Joint Certificate Owner, the surviving owner(s) will become the primary Beneficiary.
Upon the death of any Certificate Owner or Joint Certificate Owner, the surviving owner(s) will be the primary Beneficiary(ies).
The Certificate may stay in force until another death occurs (i.e., until the death of the Certificate Owner or Joint Certificate Owner).
If the Certificate Owner and Joint Certificate Owner are both alive, they shall be the "designated beneficiary" together.
This "designated beneficiary" will be the first Person among the following who is alive on the date of death: Certificate Owner; Joint Certificate Owner; primary Beneficiary; Contingent Beneficiary; and Certificate Owner's estate.
CHANGE OF CERTIFICATE OWNER, BENEFICIARY OR CONTINGENT ANNUITANT While a Certificate is In Force, a Certificate Owner may by Written Request change the primary Certificate Owner, Joint Certificate Owner, primary Beneficiary, Contingent Beneficiary, Contingent Annuitant, or in certain instances, the Annuitant.
JOINT CERTIFICATE OWNER A Certificate can be owned by Joint Certificate Owners.
Where such a restriction is permitted by state law, Joint Certificate Owners must be spouses at the time joint ownership is requested.
If there is no surviving Joint Certificate Owner, the Contingent Certificate Owner becomes the new Certificate Owner.