Common use of CHANGE OF BENEFICIARY Clause in Contracts

CHANGE OF BENEFICIARY. You may change the beneficiary anytime while the annuitant is living by satisfactory written request to us. Once the change is recorded by us, it will take effect as of the date of your request, subject to any action taken or payment made by us before the recording.

CHANGE OF BENEFICIARY. You may change the beneficiary anytime while the annuitant is living by satisfactory written request to us. Once the change is recorded received by us, it will take effect as of the date of your request, subject to any action taken or payment made by us before the recordingreceipt.