Life beneficiary definition

Life beneficiary means a beneficiary who is a current permissible or mandatory recipient of income or principal from the trust, or, if more than one (1), the beneficiary or beneficiaries of the oldest generation;
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Examples of Life beneficiary in a sentence

  • When an eligible beneficiary, other than a TRICARE for Life beneficiary, receives covered services from an authorized TRICARE non-network provider, including in areas where a preferred provider network has not been established by the Director, the beneficiary shall be subject to cost-sharing amounts applicable to out-of- network care.

  • Unfortunately, traditional modeling tools, whether spreadsheets or programming languages, make it quite difficult to change a dimension’s granularity or to add a new dimension.

  • When an eligible beneficiary, other than a TRICARE for Life beneficiary, receives covered services from an authorized TRICARE non-network provider, including in areas where a preferred provider network has not been established by the Director, the beneficiary shall be subject to cost-sharing amounts applicable to out-of-network care.

  • EBITDAR margin represents EBITDAR of our French businesses as a percentage of revenue.

  • When an eligible bene- ficiary, other than a TRICARE for Life beneficiary, receives covered services from an authorized TRICARE non-net- work provider, including in areas where a preferred provider network has not been established by the Director, the beneficiary shall be subject to cost- sharing amounts applicable to out-of- network care.

  • PROGRAM IMPCAT Quality of Life: beneficiary families that relocate from urban inner-city locations repeatedly indicate that their quality of life has improved since they moved to their condominium units.

  • Sample Gift Acceptance and DeclineAs stated in the Preamble, the Fund is designed to channel gifts of accumulated assets for the long-term life and ministry of the Church, including such gifts as those listed below: Bequests by will/living trust Charitable gift annuity Charitable remainder trust Transfer of property (e.g. cash, stocks, bonds, mutual funds, real estate, etc.) Assignment of life insurance Life beneficiary gifts (e.g. RRSPs, RRIFs, TFSAs, etc.) Gifts may be given in two forms:1.

  • You can designate any person(s), legal entity(ies), your trust or your estate as your Single Life beneficiary.

  • HR Representative should schedule an orientation meeting or group presentation with all new employees to distribute the Benefit Eligibility Acknowledgment Form (employees complete/sign form, keep a copy for themselves, and return signed original to HR Rep for personnel file), the Basic Life beneficiary form (employees complete/sign form, keep a copy for themselves, and return to HR Rep for personnel file.

  • Consequently, all TRICARE For Life beneficiary claims are processed by either plaintiff or intervening-defendant.

Related to Life beneficiary

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

  • Beneficiary means the person, persons, trust or trusts that have been designated by a Participant in his or her most recent written beneficiary designation filed with the Committee to receive the benefits specified under the Plan upon such Participant’s death or to which Awards or other rights are transferred if and to the extent permitted under Section 10(b) hereof. If, upon a Participant’s death, there is no designated Beneficiary or surviving designated Beneficiary, then the term Beneficiary means the person, persons, trust or trusts entitled by will or the laws of descent and distribution to receive such benefits.

  • 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.

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

  • Spouse means, an individual who,

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

  • Alternate Payee means any spouse, former spouse, child, or other dependent of a Participant who is recognized by a qualified domestic relations order as having a right to receive all, or a portion of, the benefits payable under a Plan with respect to such Participant.

  • Remainder beneficiary means a person entitled to receive principal when an income interest ends.

  • Representative payee means an individual, agency, or institution selected by a court or the Social Security Administration to receive and manage benefits on behalf of another person.

  • 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.

  • Financial Beneficiary means any Principal of the Developer or Applicant entity who receives or will receive any direct or indirect financial benefit from a Development, except as further described in Rule 67-21.0025, F.A.C.

  • Life Insured means the person named in the Schedule, on whose life the Policy is effected;