JOINT OWNER definition

JOINT OWNER. A Contract may be owned by Joint Owners. If Joint Owners are named, any Joint Owner must be the spouse of the other Contract Owner. Upon the death of either Contract Owner, the surviving spouse will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated in an Authorized Request.
JOINT OWNER. If there is more than one Contract Owner, each Contract Owner shall be a Joint Owner of the Contract. Joint Owners have equal ownership rights and must both authorize any exercising of those ownership rights unless otherwise allowed by us. Any Joint Owner must be the spouse of the other Contract Owner.
JOINT OWNER. NAME: CONTRACT DATE: Xxxx Xxx July 1, 1999 ANNUITANT NAME: ANNUITY START DATE: Xxxx Xxx ANNUITANT DATE OF BIRTH: PLAN: October 5, 1960 Non-Qualified ASSIGNMENT: This Contract may be assigned. See assignment provision.

Examples of JOINT OWNER in a sentence

  • UNLESS SPECIFIED OTHERWISE IN THE SPECIAL REQUESTS SECTION, IF JOINT OWNERS ARE NAMED, UPON THE DEATH OF EITHER JOINT OWNER, THE SURVIVING JOINT OWNER WILL BE THE PRIMARY BENEFICIARY, AND THE BENEFICIARIES LISTED BELOW WILL BE CONSIDERED CONTINGENT BENEFICIARIES.

  • JOINT OWNER -- If there is more than one Owner, each Owner shall be a Joint Owner of the Contract.

  • JOINT OWNER The Joint Owner, if any, shares an undivided interest in the entire Contract with the Owner.

  • SIGNATURE OF OWNER* SIGNATURE OF JOINT OWNER* DATE (MM/DD/YYYY) DATE (MM/DD/YYYY)* If shares are to be registered in (1) joint names, both persons must sign, (2) a custodian for a minor, the custodian should sign, (3) a trust, the trustee(s) should sign, or (4) a corporation or other entity, an officer should sign and print name and title on the space provided for the Joint Owner.

  • UNLESS SPECIFIED OTHERWISE, IF JOINT OWNERS ARE NAMED, UPON THE DEATH OF EITHER JOINT OWNER, THE SURVIVING JOINT OWNER WILL BE THE PRIMARY BENEFICIARY, AND THE BENEFICIARIES LISTED BELOW WILL BE CONSIDERED CONTINGENT BENEFICIARIES.


More Definitions of JOINT OWNER

JOINT OWNER. [Xxxx Xxx] SEX: [F] AGE AT ISSUE: [50] ANNUITANT: [Xxxx Xxx] SEX: [M] AGE AT ISSUE: [50] CONTRACT NUMBER: [12345678] ISSUE DATE: [February 15, 2001] PLAN TYPE: [Qualified or Non-Qualified] ANNUITY DATE: [May 1, 2040]
JOINT OWNER means an individual who owns property
JOINT OWNER. A Contract may be owned by Joint Owners (maximum of two). Upon the death of either Joint Owner, the surviving Joint Owner, if any, will be the primary Beneficiary. Any other Beneficiary designation will be treated as a contingent Beneficiary unless otherwise indicated in an Authorized Request.
JOINT OWNER. [No Joint Owner] Joint Owner Issue Age: [N/A] Annuitant: [Xxxx Xxx] Annuitant Issue Age: [81] Joint Annuitant: [No Joint Annuitant] Joint Annuitant Issue Age: [N/A] Issue Date: [June 1, 2023] Issue State: NY Premium Amount: [$25,000] Income Date: [June 1, 2037] Primary Beneficiary(ies): [Xxxxx Xxx] Contingent Beneficiary(ies): [Xxxx Xxx]
JOINT OWNER means an individual that is an Owner of an Eligible Account with the Primary Owner.
JOINT OWNER means an individual who owns property concurrently with one or
JOINT OWNER. The spouse of the Owner, if named on the Contract Data pages as the Joint Owner, who shares ownership rights with the Owner as defined under this Contract. You may add, change or remove a Joint Owner, subject to our underwriting rules. The Contract may never have more than one Joint Owner. No Joint Owner is permitted for IRA's or other qualified contracts.