Insured Spouse definition

Insured Spouse means an Insured Person who is a Spouse.
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Insured Spouse means the named person specified as such in the Schedule (under Relationship to Principal Insured), being the surviving legal spouse of the Principal Insured
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Insured Spouse. Means a person who is legally married to the Principal Insured, who is living with the Principal Insured, who is under sixty-five (65) years of age, who is covered under this Policy and who is named in the Policy Schedule.
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Examples of Insured Spouse in a sentence

  • If the option is not exercised at the beginning of the contract, the Insured Spouse will not become PI and the policy will terminate.

  • The benefit will not be available under the policy on the life of any Insured other than Principal Insured and Insured Spouse.

  • In such case, the premium for the Insured Spouse will change from the date coinciding with or following instalment premium due date and the new premium would be based on tabular premium rates applicable for PIs and the age for calculation of revised premium rate will be the age at entry of the spouse.

  • All other benefits payable under the Policy including indemnities payable to the Insured Spouse and Insured Dependent Children, are payable to the Cardholder.

  • In case of death or expiry of cover of Principal Insured, the surviving Insured Spouse shall become the Principal Insured provided the option is exercised at the beginning of the contract and the policy will continue.

  • In the event of Accidental Death of the Insured Self and/or Insured Spouse without leaving behind any surviving Insured Child(ren), the sum specified in the Schedule will be payable in addition to Section A.

  • In such case, the premium for the Insured Spouse will change from the coinciding or following installment premium due date and the new premium would be based on tabular premium rates applicable for Principal Insureds and the age for calculation of revised premium rate will be the age at entry of the spouse.

  • In the event of Accidental Death of the Insured Self and/or Insured Spouse leaving behind surviving Insured Child(ren), the Company will pay a monthly allowance as specified in the Schedule to the surviving Insured Person or legal guardian of the Insured Child(ren) named in the Policy for the benefit of the Insured Child(ren).

  • In the event that two (2) Insured Employees are Spouses of each other and eligible for insurance under this policy, one (1) of the two (2) may choose to be insured as an Insured Spouse of the other in which case they will not be considered to be an Insured Employee or both may choose to be covered as an Insured Employee in which case neither will be eligible as a Spouse.

  • If two Insured Employees are Spouses of each other and are eligible for insurance under this policy, one of the two may choose to be insured as an Insured Spouse of the other, in which case they will not be considered to be an Insured Employee.


More Definitions of Insured Spouse

Insured Spouse means the spouse named and proposed for insurance in the application for this Rider.
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Insured Spouse means a person who: (a) was an Eligible Spouse on his or her first EFFECTIVE DATE; (b) became insured under the Policy, as approved by New York Life; and (c) remains insured under the Policy.
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Insured Spouse means the legal husband, wife or civil union partner of the Principal Insured and as nominated in writing by the Principal Insured. The Principal Insured can nominate (in writing) a maximum of 1 (one) insured Spouse. The insured Spouse’s maximum age at the Commencement Date must not exceed sixty (60) years of age;
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Insured Spouse means the Insured's spouse named in the application for this rider.
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Insured Spouse means the Insured’s Spouse, for whom premium is paid while covered under this Policy.
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Insured Spouse means the Insured’s lawful spouse by marriage or common law, not including a spouse who is legally
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Related to Insured Spouse

  • Former Spouse means the individual who is considered by Applicable Laws to be the Annuitant’s former spouse or common-law partner;

  • Surviving Spouse means the widow or widower, as the case may be, of a Deceased Participant or a Deceased Beneficiary (as applicable).

  • primary beneficiary means the individual for whose primary benefit the trust is then held. For purposes of Section 8.3, a Qualified Entity is a member of each Family Group to which such one or more Qualified Trusts that are its equity holders belong.

  • de facto spouse means a person of the opposite sex to the employee who lives with the employee as the husband or wife of the employee on a bona fide domestic basis, although not legally married to that person.

  • Spouse means, an individual who,

  • Insured Member means a member insured under this subdivision.

  • Contingent Beneficiary is the person that becomes the Beneficiary if the named Beneficiary dies prior to the Income Date.

  • Annuitant means a person who receives a retirement allowance or a disability allowance;

  • additional spouse means a spouse by the party to the marriage who is additional to the party to the marriage;

  • Qualified beneficiary means a beneficiary who, on the date the beneficiary's qualification is determined:

  • Designated Beneficiary means the beneficiary or beneficiaries the Participant designates, in a manner the Administrator determines, to receive amounts due or exercise the Participant’s rights if the Participant dies or becomes incapacitated. Without a Participant’s effective designation, “Designated Beneficiary” will mean the Participant’s estate.

  • Military spouse means a person who is married to a military service member.

  • Eligible Spouse means a spouse of an Eligible Retiree who satisfies the requirements for eligibility described in the Eligibility section of this document, or an ex-spouse who is an Eligible Spouse with rights to coverage as an Eligible Spouse pursuant to a court order recognized by SHARP. A Spouse must be married to retiree at least one year prior to the effective date of retirement. A Spouse married after the retiree’s effective retirement date is considered a non-eligible spouse for purposes of the Plan. [See “Spouse”]

  • Beneficiary means each designated person, or the estate of the deceased Executive, entitled to benefits, if any, upon the death of the Executive, determined according to Article 4.

  • Joint Annuitant means the individual specified as such in the Data Pages. The Joint Annuitant must be the spouse of the Annuitant on the Contract Date.

  • Income beneficiary means a person to whom net income of a trust is or may be payable.

  • Contingent Annuitant is the natural person who becomes the Annuitant if the Annuitant dies prior to the Income Date.

  • Community spouse means a spouse of an institutionalized spouse for the purposes of rules 441—75.5(249A), 441—75.16(249A), and 441—76.10(249A).

  • Refund beneficiary means an individual nominated by a qualified participant or a former qualified participant under section 66 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 67.

  • Beneficiary(ies means the individual or individuals designated in the Application by the Subscriber(s) to whom, or on whose behalf, Educational Assistance Payments are agreed to be paid, provided such individual qualifies under the Applicable Legislation and the Plan at the time such payments are made;

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Insured Trust means a Trust which is comprised entirely of Pre-Insured Bonds and/or Bonds as to which such Trust has obtained Portfolio Insurance.

  • Institutionalized spouse means a married person living in a medical institution, or nursing facility, or home- and community-based waiver setting who is likely to remain living in these circumstances for at least 30 consecutive days, and whose spouse is not in a medical institution or nursing facility for the purposes of rules 441—75.5(249A), 441—75.16(249A), and 441—76.10(249A). “Local office” shall mean the county office of the department of human services or the mental health

  • Disabled Participant with respect to a loan if it has no right to exercise any voting or other control rights with respect to such loan (other than the right to approve amendments to the material economic terms of such loan).

  • Pecuniary benefit means benefit in the form of money, property, commercial interests or anything else the primary significance of which is economic gain. Expenses associated with social occasions afforded public servants shall not be deemed a pecuniary benefit.

  • Accrued Benefit have the meanings specified in ERISA.