Common use of ALLOCATION OF DEATH BENEFIT Clause in Contracts

ALLOCATION OF DEATH BENEFIT. In the event of the death of the Participant (or the death of the survivor of the Participant and the Participant's spouse, if the Policy is a Survivorship Policy), the death benefit paid under the Participant's Policy shall be divided as follows:

ALLOCATION OF DEATH BENEFIT. In the event of a termination due to the death of the Participant (or the death of the last survivor of the Participant and the Participant's spouseCo-insured, if the Policy is a Survivorship Policy), the death benefit paid under the Participant's Policy shall be divided as follows:

ALLOCATION OF DEATH BENEFIT. In the event of a termination due to the death of the Participant (or the death of the survivor of the Participant and the Participant's spouse, if the Policy is a Survivorship Policy), the death benefit paid under the Participant's Policy shall be divided as follows:

ALLOCATION OF DEATH BENEFIT. In the event of Upon the death of the Participant (or the death of the survivor of the Participant and the Participant's spouse, if the Policy is a Survivorship Policy), the death benefit paid under the Participant's Policy shall be divided as follows: