Single life definition

Single life means only one person is covered.
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Single life means only one person is covered. ‘Joint life’ means 2 people are covered.
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Single life means the Policy covers the life of one person only, and the Protection Benefits are paid out on the death of that
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Examples of Single life in a sentence

  • Single life flat extras will be converted to an equivalent joint second to die flat extra.

  • Single life rates are then Frasierized, as determined in Exhibit B.1.

  • Single life annuity for life only: Payable only while the Annuitant is living.

  • Single life rates for annuitants between ages 81 and 89 are graduated downward from the rate cap.

  • Single life insurance issued directly by the CEDING COMPANY on a fully underwritten, simplified issue or guaranteed issue basis in accordance with the CEDING COMPANY's applicable underwriting guidelines and requirements.

  • Single life rates are then Frasierized, as determined in Exhibit B.I.

  • Single life premium rates apply after the option is exercised (point-in-scale).

  • Single life rates are then Frasierized, as determined in Exhibit B.II.

  • Single life annuity payable at age 65 in an amount equal to 4% of Final Average Earnings for each year of service with the Company (maximum 25 years).

  • Single life rates are capped at 10.1% for annuitants aged 90 and above.


More Definitions of Single life

Single life. The following factors will be applied to the 1975-80 Select and Ultimate Basic ANB Table and the Society of Actuaries extension for issue ages above 70 for converted policies. Preferred Plus % Preferred % Nonsmoker % Smoker %
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Single life. Joint Life Above Table D Above Table Above Table D Above Table through Table H through through Table H through H (or greater Table P (or H (or greater Table P (or than greater than than greater than Std through $10.00/1000 $20.00/1000 Std through $10.00/1000 $20.00/1000 Table D (or flat extra and flat extra and Table D (or flat extra and flat extra and up to up to up to up to up to up to Issue $10.00/1000 $20.00/1000 $40.00/1000 Issue $10.00/1000 $20.00/1000 $40.00/1000 Ages flat extra)# flat extra)# flat extra)# Ages flat extra)# flat extra)# flat extra)# ----- ------------ -------------- -------------- ----- ------------ -------------- -------------- 0-17 $20 MM $10 MM $10 MM 18-75 $60 MM $30 MM $25 MM 18-75 $60 MM $30 MM $25 MM 76-80 $25 MM $12.5 MM $12.5 MM 76-80 $35 MM $17.5 MM $17.5 MM 81-85 $10 MM $0 $0 81-85 $15 MM $0 $0 86 & over $0 $0 $0 86 & over $0 $0 $0 # Also includes combinations of flat extras and table ratings (Using a table equivalent of $2.50/1000, the sum of the table equivalent + flat should not exceed the flat limits referenced in column headings above). For Joint Life, if one life is uninsurable, use limits for the insurable life from the single life tables to determine the appropriate joint life limits; otherwise, if both lives are insurable, use limits for each life from the joint life tables and take greater of the two to determine the appropriate joint life limits. Civilian Aviation Risks $25,000,000 (Standard through $2/M) $20,000,000 (Over $ 2/M through $3.50/M) $15,000,000 (Over $3.50/M) Professional Athletes^ $10,000,000 Foreign Risks* $15,000,000 ("A" countries) $30,000,000 ("B" countries) $15,000,000 ("C" countries) ^ A Professional Athlete is defined as a player or coach on a National Hockey League, National Football League, National Basketball Association or Major League Baseball team. Page 41 of 57 *U.S./Canada/Guam/Puerto Rico Citizens/permanent residents of each traveling abroad for more than 12 weeks in a 12 month period to "A" countries and Foreign Residents of "A" countries; U.S./Canada/Guam/Puerto Rico Citizens/permanent residents of each traveling abroad for no more than 12 weeks in a 12 month period to "B" countries; U.S./Canada/Guam/Puerto Rico Citizens/permanent residents of each traveling abroad for no more than 12 weeks in a 12 month period to "C" countries. Temporary Insurance Agreement $1,000,000 ($2,000,000 for Joint Life) JUMBO LIMIT ----- ----- $65,000,000 for Issue Ages 0-80 and $30,000,000 for Issue Ag...
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Related to Single life

  • Single Life Annuity means an annuity payable for the life of a Participant.

  • Life expectancy means life expectancy as computed by use of the Single Life Table in Section 1.401(a)(9)-9 of the Treasury regulations.

  • 2001 CSO Mortality Table means that mortality table, consisting of separate rates of mortality for male and female lives, developed by the American Academy of Actuaries CSO Task Force from the valuation basic mortality table developed by the Society of Actuaries Individual Life Insurance Valuation Mortal- ity Task Force, and adopted by the NAIC in December 2002. The 2001 CSO mortality table is included in the Proceedings of the NAIC (2nd Quarter 2002) and is supplemented by the 2001 CSO preferred class structure mortality table and may be obtained from the office. Unless the context indicates otherwise, the “2001 CSO mortality table” includes both the ultimate form of that table and the select and ultimate form of that table and includes both the smoker and nonsmoker mortality tables and the composite mor- tality tables. It also includes both the age−nearest−birthday and age−last−birthday bases of the mortality tables.

  • Composite mortality tables means mortality tables with rates of mortality that do not distinguish between smokers and nonsmokers.

  • Table means the table at the end of this §4a.