Common use of The Applicant Clause in Contracts

The Applicant. If the Applicant dies before the NOTE: Item 1 or 2 may be selected to supplement the contingent Insured, the Owner will be: beneficiary designation or may be used to designate children or brothers and sisters as contingent beneficiaries without ------------------------------------------------- specifically naming them. Item 3 may be used to supplement Item First Middle Initial Last 1, 2 or any contingent beneficiary designation. _____________________________. If both die before [X] (1) and any (other) children of the Insured. Relationship to Insured [ ] (2) and any (other) brothers and sisters of the Insured the Insured, the Insured will be the Owner. born of the marriage of or legally adopted by ___________ and __________ prior to the Insured's death. [ ] G. The Applicant until the Insured attains the age [ ] (3) any amount a deceased contingent beneficiary would of ______ years. If the Applicant dies before the have received, if living, will be payable when due in Insured, the Owner will be: one sum in equal shares to his or her then living children. (The word "children" includes child and any ------------------------------------------------- legally adopted child.) First Middle Initial Last 11C. FURTHER PAYEES: (Print Name) ______________________________ until the Insured Relationship to Insured -------------------------------------------------------------- attains such age. Upon the Insured attaining such age, or if both die before the Insured, the -------------------------------------------------------------- Insured will be the Owner. Relationship to Insured: --------------------------------------

The Applicant. If the Applicant dies before the -------------------------------------- Insured, the Insured will be the Owner. [ ] F. The Applicant. If the Applicant dies before the NOTE: Item 1 or 2 may be selected to supplement the contingent Insured, the Owner will be: beneficiary designation or may be used to designate children or brothers and sisters as contingent beneficiaries without ------------------------------------------------- specifically naming them. Item 3 may be used to supplement Item First Middle Initial Last 1, 2 or any contingent beneficiary designation. _____________________________. If both die before [X] (1) and any (other) children of the Insured. Relationship to Insured [ ] (2) and any (other) brothers and sisters of the Insured the Insured, the Insured will be the Owner. born of the marriage of or legally adopted by ___________ and __________ prior to the Insured's death. [ ] G. The Applicant until the Insured attains the age [ ] (3) any amount a deceased contingent beneficiary would of ______ years. If the Applicant dies before the have received, if living, will be payable when due in Insured, the Owner will be: one sum in equal shares to his or her then living children. (The word "children" includes child and any ------------------------------------------------- legally adopted child.) First Middle Initial Last 11C. FURTHER PAYEES: (Print Name) ______________________________ until the Insured Relationship to Insured -------------------------------------------------------------- attains such age. Upon the Insured attaining such age, or if both die before the Insured, the -------------------------------------------------------------- Insured will be the Owner. Relationship to Insured: --------------------------------------