Joint life annuity or Joint and Survivor annuity — As the name implies, this option allows an immediate annuity to
provide joint coverage for two individuals.
Joint life annuity or Joint and Survivor annuity — As the name implies, this option allows an immediate annuity to
provide joint coverage for two individuals.
Not exact matches
Through a world - first
joint venture between Google and the government, there will be 15 Loon balloons
providing coverage to Sri Lanka.
A «
coverage gap» in future years The agency had sought $ 910 million this year for its
Joint Polar Satellite System (JPSS), which will
provide data for weather forecasts, search - and - rescue operations and climate change research.
Medicaid is a
joint federal and state program that, together with the Children Health Insurance Program,
provides health
coverage to children, pregnant women, parents, seniors, and individuals with disabilities.
The FDIC
provides separate insurance
coverage for deposits held in different ownership categories such as single accounts,
joint accounts, Individual Retirement Accounts (IRAs) and trust accounts.
If a couple has a
joint checking account and a
joint savings account at the same insured bank, each co-owner's shares of the two accounts are added together and insured up to $ 250,000,
providing up to $ 500,000 in
coverage for the couple's
joint accounts.
For its
joint whole life policy, the
coverage is up to $ 20,000 of protection for ages 18 — 85, with
coverage provided for two persons under one policy and one low premium payment
providing permanent
coverage for the insured and a spouse on a first to die basis.
No automatic
coverage is
provided for new partnerships,
joint ventures or limited liability companies.
Joint Life and Survivor Insurance
Joint Life and Survivor Insurance
provides coverage for two or more persons with the death benefit payable at the death of the last of the insureds.
Joint Life Insurance
Joint Life Insurance
provides coverage for two or more persons with the death benefit payable at the first death.
Joint Underwriting Association / JUA: Insurers which join together to
provide coverage for a particular type of risk or size of exposure, when there are difficulties in obtaining
coverage in the regular market, and which share in the profits and losses associated with the program.
In a nutshell,
joint life term insurance policies
provide coverage for two people instead of one.
Whether it is divorce, a business split, or whatever, the split would necessitate having to terminate or cancel the
joint policy, resulting in a loss of the premiums paid as well as the
coverage the policy
provided..