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 October 5, 2055 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
If the Account is a joint account with two or more owners, each person indicated in the title to the Account who executes this Agreement (each, a “Joint Owner”), agrees to give DriveLoyalty written notice in the event of bankruptcy, insolvency, reorganization, dissolution or similar condition of any other Joint Owner.
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. [No Joint Owner] Joint Owner Issue Age: [N/A] Annuitant: [Xxxx Xxx] Annuitant Issue Age: [45] 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, 2073] Primary Beneficiary(ies): [Xxxxx Xxx] Contingent Beneficiary(ies): [Xxxx Xxx]
JOINT OWNER. A Contract may be owned by Joint Owners. Upon the death of either Owner, the surviving Owner 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. 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.
JOINT OWNER. NAME: Mary X Xxx ISSUE DATE: 6-30-1997 JOINT OWNER DATE OF BIRTH: 7-18-1981 ANNUITY STATE DATE: 7-1-2052* ANNUITANT NAME: Bettx X. Xxx PLAN: Non-Qualified ANNUITANT DATE OF BIRTH: 5-13-1987 ASSIGNMENT: This Policy may be assigned. See Assignment Provision ANNUITANT'S SEX: Female of your Policy. PRIMARY BENEFICIARY NAME: Lindx X. Xxx XXITIAL PURCHASE PAYMENT $25,000 MINIMUM SUBSEQUENT PURCHASE PAYMENTS $500 ($50 pursuant to an automatic investment program) MINIMUM SYSTEMATIC WITHDRAWAL $100 MORTALITY AND EXPENSE RISK CHARGE 1.25% Annually (1.2% annually during Annuity Options 1-4, 7 and 8.) ADMINISTRATION CHARGE .15% Annually (0% annually during Annuity Options 1-4, 7 and 8.) WITHDRAWAL CHARGES: FREE WITHDRAWAL PERCENTAGE 10% GUARANTEED RATE 3.00% ANNUITY OPTION Life with 10-Year Fixed Period Option* SUBACCOUNTS: Money Market Subaccount High Grade Income Subaccount High Yield Subaccount Global Aggressive Bond Subaccount Growth-Income Subaccount Equity Income Subaccount Managed Asset Allocation Subaccount Specialized Asset Allocation Subaccount Growth Subaccount Value Subaccount Worldwide Equity Subaccount Social Awareness Subaccount Emerging Growth Subaccount Small Cap Subaccount METHOD FOR DEDUCTIONS: Deductions for Premium Taxes, and any unallocated partial withdrawals, including Systematic Withdrawals, will be made sequentially from the Contract Value in descending order of the Subaccounts listed above. The Fixed Account is the last Account charged. The value of each Account will be depleted before the next is charged. * The Owner may select the Annuity Start Date and the Annuity Option. If no Annuity Start Date or Annuity Option is selected by the Owner, they will be assigned automatically. V6025 A(1-97)