Issue Ages definition

Issue Ages means the range of minimum and maximum ages for which a policy or certificate will be issued.
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Issue Ages. We will not issue a Contract [ before the youngest Owner’s or Xxxxxxxxx’s [ 50th ] birthday, nor ] on or after the oldest Owner’s or Xxxxxxxxx’s [ 86th ] birthday.
Sample 1

Examples of Issue Ages in a sentence

  • The Company assesses a monthly policy fee that is applicable for certain Issue Ages and Policy Years to compensate for certain administrative services and operating expenses of Policies with lower Face Amounts.

  • Generally, Intelligent Life VUL and Intelligent Life Survivorship VUL are available for Insureds between Issue Ages 0-90.

  • The Monthly Charge has 3 components: • the monthly policy fee (applicable only to Policies issued on a single life basis, and applicable only to certain Issue Ages on such Policies); • the monthly cost of insurance charge; and • charges for any riders.

  • Issue Ages: Age 0 to 85 Minimum Premium: $5,000 Maximum Premium: Age 0-75 $1,000,000 Age 76-85 $500,000 (premium over thresholds above require prior approval.) Ownership Requirement The owner must also be the annuitant, except in instances where a non-natural entity, such as a trust, is named as the owner.

  • The level COI is only available to Issue Ages 18-70 (up to Issue Age 75 for Intelligent Life).

  • The minimum first Premium depends on a number of factors including the Issue Ages, genders (in most states), and Underwriting Classes of the proposed Insureds and the Total Face Amount.

  • Generally, the Policy is available for Insureds between Issue Ages of 0-90.

  • Provider Choice RidersIf available with selected package.*Additional Issue Ages are available on Unisex policies.

  • Life Insurance: Maximum Retention Limit ------------------------------ Issue Ages (Youngest age) Amount ------------------------------ 0-75 $1,000,000.00 ------------------------------ 76-85 100,000.00 ------------------------------ 86+ 0 ------------------------------ For joint plans, determine the retention amount for each life and use the larger of the two amounts.

  • Issue Ages: Age 0 to 85 Minimum Premium: $5,000 Maximum Premium: $500,000 (premium over $500,000 requires prior approval.) Ownership Requirement The owner must also be the annuitant, except in instances where a non-natural entity, such as a trust, is named as the owner.

Related to Issue Ages

  • Initial Issue Date means the date of the first issue of Units, which shall be the Business Day immediately before the Listing Date.

  • Series Issue Date means the date of issuance of the Initial Tranche of a Series of ETP Securities, as specified in the relevant Final Terms.

  • Issue Date means the date on which the Notes are originally issued.

  • Children of other Christian denominations means children who belong to other churches and ecclesial communities which, acknowledging God’s revelation in Christ, confess the Lord Jesus Christ as God and Saviour according to the Scriptures, and, in obedience to God’s will and in the power of the Holy Spirit commit themselves: to seek a deepening of their communion with Christ and with one another in the Church, which is his body; and to fulfil their mission to proclaim the Gospel by common witness and service in the world to the glory of the one God, Father, Son and Holy Spirit. An ecclesial community which on principle has no credal statements in its tradition, is included if it manifests faith in Christ as witnessed to in the Scriptures and is committed to working in the spirit of the above.All members of Churches Together in England and of Churches Together in Wales are deemed to be included in the above definition, as are all other churches and ecclesial communities that are in membership of any local Churches Together Group (by whatever title) on the above basis.

  • Issue Price means the price at which a Unit is purchased from the Partnership, after taking into account any sales commission or underwriting discount charged to the Partnership.

  • Original Issue Date means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred Stock.

  • Original Issue Discount Security means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

  • Original Issue Discount of any Security means the difference between the Issue Price and the Principal Amount of the Security as set forth on the face of the Security.

  • Yield to Maturity means the yield to maturity on a series of securities, calculated at the time of issuance of such series, or, if applicable, at the most recent redetermination of interest on such series, and calculated in accordance with accepted financial practice.