Common use of Covered Life Clause in Contracts

Covered Life. The Contract Owner (provided the Contract Owner is a person) and the Contract Owner’s spouse (provided the spouse is a joint owner or Beneficiary who is eligible for spousal continuance). The Annuitant (provided the Contract Owner is not a person) and the Annuitant's spouse (provided the spouse is a Beneficiary who is eligible for spousal continuance).

Appears in 3 contracts

Samples: Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

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Covered Life. The Contract Owner (provided the Contract Owner is a person) and the Contract Owner’s spouse (provided the spouse is a joint owner Contract Owner or Beneficiary who is eligible for spousal continuance). The Annuitant (provided the Contract Owner is not a natural person) and the Annuitant's spouse (provided the spouse is a Beneficiary who is eligible for spousal continuance).

Appears in 1 contract

Samples: Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)

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