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Single life definition

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

Examples of Single life in a sentence

  • In re Estate of Evans, 255 N.W.2d 99 (Iowa 1977), appeal dismissed, 434 U.S. 805, 98 S.Ct. 34, 54 L.Ed.2d 62.86.11(2) Single life estate and remainder.

  • The revised premium will depend on the then attained age of Life Insured (in case of Single life option) and all Lives Insured (in case of Family Floater option).

  • In case of Single Life with Booster Payouts option and Single Life with Accelerated Health Boosters option, top-up rates for Single life with Return of Premium option will be applicable.The prevailing Annuity rate for revised annual premium slab will be applicable only for the additional premium paid.

  • In the event your spouse predeceases you, or in the event of a divorce, your benefit will be adjusted back to the Single life option amount upon receipt of your spouse’s Certificate of Death or a photocopy of the divorce decree.

  • In the event your spouse predeceases you, or in the event of a divorce, your benefit will be adjusted back to the Single life option amount upon receipt of your spouse’s Certificate of Death or a photocopy of the divorce decree.Twenty (20) Year Term CertainThis amount is reduced based upon actuarial factors and is payable to you for as long as you live.

  • The optional forms available are as follows: • Joint and last survivor where 60%, 66.7% or 100% of the benefit continues to a surviving spouse (provided the member has a spouse).• Single life where payments continue for the member's lifetime with a guaranteed minimum of 5, 10 or 15 years.

  • Maximum Option — Single life annuity.Option 1 — Single life annuity with return of reserve option.Option 2 — 100% joint and survivor annuity.Option 3 — 50% joint and survivor annuity.Option 4 — Other percentage joint and survivor annuity.Option A — 100% pop-up joint and survivor annuity.Option B — 75% pop-up joint and survivor annuity.Option C — 50% pop-up joint survivor annuity.Option D — 25% pop-up joint survivor annuity.

  • If the Proposer has a dependant person with disability (Divyangjan), the Proposer can purchase Deferred Annuity for Single life (Option 1) on own life for the benefit of Divyangjan as Nominee, subject to minimum Purchase Price of Rs.50,000/-.

  • Single life annuity with period of certain of five, ten or fifteen years.

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


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 %
Single lifeJoint 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...

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.

  • Water table means the upper surface of a zone of saturation, where the body of ground water is not confined by an overlying impermeable zone.

  • Table 2 means Table 2 of the Reporting ITS.

  • Life estate means the right to property limited to the lifetime of the individual holding it or the lifetime of some other individual. In general, a "life estate" enables the owner of the "life estate" to possess, use, and obtain profits from property during the lifetime of a designated individual while actual ownership of the property is held by another individual. A "life estate" is created when an individual owns property and then transfers ownership to another individual while retaining, for the rest of the individual's life, certain rights to that property. In addition, a "life estate" is established when a member of the financial group purchases a "life estate" interest in the home of another individual.

  • Table 4 Ending this Addendum when the Approved Addendum Changes

  • NI 43-101 means National Instrument 43-101 – Standards of Disclosure for Mineral Projects;

  • Table 3 Material Confirmation Sheet (sample)

  • Useful life means the relevant period of distance and/or time over which compliance with the relevant gaseous and particulate emission limits has to be assured.

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or through the 49th day after such Valuation Date in the event the then current Dividend Period will not end within 49

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • NI 54-101 means National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer.

  • MI 61-101 means Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions;

  • NI 44-101 means National Instrument 44-101 – Short Form Prospectus Distributions;

  • NI 81-102 means National Instrument 81-102 – Investment Funds.

  • 100-year flood means a flood that has a 1-percent or greater chance of recurring in any given year or a flood of a magnitude equalled or exceeded once in 100 years on the average over a significantly long period.

  • Defined Contribution Fraction means a fraction the numerator of which is the sum of the Annual Additions to the Participant's account under all the defined contribution plans (whether or not terminated) maintained by the Employer for the current and all prior Limitation years (including the Annual Additions attributable to the Participant's nondeductible voluntary contributions to this and all the defined benefit plans (whether or not terminated) maintained by the Employer and the Annual Additions attributable to all welfare benefit funds, as defined in section 419(e) of the Code or individual medical accounts, as defined in section 415(1)(2) of the Code, or a simplified employee pension, as defined in section 408(k) of the Code, maintained by the Employer), and the denominator of which is the sum of the Maximum Aggregate Amounts for the current and all prior Limitation Years of Service with the Employer (regardless of whether a defined contribution plan was maintained by the Employer). The Maximum Aggregate Amount in any Limitation Year is the lesser of one hundred twenty-five percent (125%) of the dollar limitation determined under Sections 415(b) and (d) of the Code in effect under section 415(c)(1)(A) of the Code or thirty-five percent (35%) of the Participant's Compensation for such year. If the Employee was a Participant as of the first day of the first Limitation Year beginning after December 31, 1986, in one or more defined contribution plans maintained by the Employer which were in existence on May 6, 1986, the numerator of this fraction will be adjusted if the sum of this fraction and the Defined Benefit Fraction would otherwise exceed one (1.0) times under the terms of this Plan. Under the adjustment, an amount equal to the product of (a) the excess of the sum of the fractions over 1.0 times (b) the denominator of this fraction will be permanently subtracted from the numerator of this fraction. The adjustment is calculated using the fractions as they would be computed as of the end of the last Limitation Year beginning before January 1, 1987, and disregarding any changes in the terms and condition of the Plans made after May 5, 1986, but using the limitation of section 415 of the Code applicable to the first Limitation Year beginning on or after January 1, 1987. The Annual Additions for any Limitation Year beginning before January 1, 1987 shall not be recomputed to treat all Employee contributions as Annual Additions.

  • Remaining Life means, with respect to any Notes to be redeemed, the remaining term of such Notes, calculated as if the maturity date of such Notes were the Par Call Date.

  • 5-year Mid-Swap Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period:

  • Main Distribution Frame (MDF) means the termination frame for outside facility and inter-exchange office equipment at the CO.

  • NI 51-101 means National Instrument 51-101 Standards of Disclosure for Oil and Gas Activities;

  • Generator to Load Distribution Factor or “GLDF” shall mean a generator’s impact on a Flowgate while serving load in that generator’s Balancing Authority Area.

  • Minimum Weighted Average Coupon Test means a test that is satisfied on any date of determination if the Weighted Average Fixed Coupon equals or exceeds the Minimum Fixed Coupon.