Common use of Death Benefit Clause in Contracts

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.

Appears in 10 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Account B, NML Variable Annuity Account A

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Death Benefit. A beneficiary Beneficiary entitled to the Death Benefit death benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment an income plan or in cash provided no payment income plan was elected by the Owner. The death benefit will not be less than the cash value. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.

Appears in 4 contracts

Samples: NML Variable Annuity Account A, NML Variable Annuity Account A, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. XX.X.X.XX. (1106) 15

Appears in 4 contracts

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. XX.X.X.XX.(0704) 16

Appears in 2 contracts

Samples: NML Variable Annuity Account A, NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. XX.X.X.XX.(0803) 16

Appears in 2 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. XX.X.X.XX.(0805) 16

Appears in 2 contracts

Samples: NML Variable Annuity Account A, NML Variable Annuity Account B

Death Benefit. A beneficiary Beneficiary entitled to the Death Benefit death benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment an income plan or in cash provided no payment income plan was elected by the Owner. The death benefit will not be less than the cash value of any value. The cash amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.

Appears in 2 contracts

Samples: NML Variable Annuity Account A, NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR.V.A.BK.(0805) 18

Appears in 1 contract

Samples: NML Variable Annuity Account A

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RP.V.B.MSNST. (0704) 16

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RP.V.A.BK.(0704) 17

Appears in 1 contract

Samples: NML Variable Annuity Account A

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Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR.V.B.MSNST.(0805) 16

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR.V.B.BK.(0803) 17

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR. V. B. MSNST. (0803) 16

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR.V.B.BK.(0805) 18

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RR.V.B.BK.(0704) 17

Appears in 1 contract

Samples: NML Variable Annuity Account B

Death Benefit. A beneficiary entitled to the Death Benefit upon the death of an Annuitant may elect to receive the Accumulation Value under a payment plan or in cash provided no payment plan was elected by the Owner. The cash value of any amount distributed will be the Accumulation Value withdrawn as of the date of withdrawal as determined in Section 4.6.. RP.V.A.BK.(0803) 17

Appears in 1 contract

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

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