Common use of DEATH OF OWNER DURING THE ANNUITY PERIOD Clause in Contracts

DEATH OF OWNER DURING THE ANNUITY PERIOD. If an Owner who is not the Annuitant dies during the Annuity Period, any remaining payments under the Annuity Option will continue at least as rapidly as under the method of distribution in effect at the time of the Owner’s death. Upon the death of the Owner, the Beneficiary becomes entitled to exercise the rights of the Owner. If an Owner who is the Annuitant dies, any remaining payments will be as specified in the Annuity Option chosen and will continue at least as rapidly as under the method of distribution in effect at the time of the Owner’s death.

Appears in 4 contracts

Samples: Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co), Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co), Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co)

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