Death of Payee. At the death of the payee, any payments remaining will be paid according to the terms of the option chosen for payment of proceeds, unless the contingent payee elects in writing to receive the present value of any remaining guaranteed payments in a single sum. If a contingent payee has not been named or does not survive the payee, the following amounts will be paid in one sum to the estate of the payee:
Appears in 5 contracts
Samples: Insured (Kansas City Life Variable Annuity Separate Account), Kansas City Life Variable Annuity Separate Account, Kansas City Life Variable Annuity Separate Account
Death of Payee. At the death of the payee, we will pay any payments remaining will be paid according to the terms of the payment option chosen for payment of proceedschosen, unless the contingent payee elects in writing by Written Notice to receive the present value of any remaining guaranteed payments in a single sum. If you do not name a contingent payee has not been named or the contingent payee does not survive the payee, we will pay the following amounts will be paid in one sum to the estate of the payee:
Appears in 4 contracts
Samples: Kansas City Life Variable Life Separate Account, Kansas City Life Variable Life Separate Account, Kansas City Life Variable Life Separate Account
Death of Payee. At the death of the payee, we will pay any payments remaining will be paid according to the terms of the settlement option chosen for payment of proceedschosen, unless the contingent payee elects in writing to receive the present value of any remaining guaranteed payments in a single sum. If a contingent payee has not been named or does not survive the payee, we will pay the following amounts will be paid in one sum to the estate of the payee:
Appears in 4 contracts
Samples: Flexible Premium Variable (Kansas City Life Variable Life Separate Account), Flexible Premium Variable (Kansas City Life Variable Life Separate Account), Flexible Premium Variable (Kansas City Life Variable Life Separate Account)
Death of Payee. At the death of the payee, any payments remaining will be paid according to the terms of the settlement option chosen for payment of proceedschosen, unless the contingent payee elects in writing to receive the present value of any remaining guaranteed payments in a single sum. If a contingent payee has not been named or does not survive the payee, the following amounts will be paid in one sum to the estate of the payee:
Appears in 2 contracts
Samples: Kansas City Life Variable Annuity Separate Account, Fund Participation Agreement (Kansas City Life Variable Life Separate Account)
Death of Payee. At the death of the payee, any payments remaining will be paid according to the terms of the option chosen for payment of proceeds, unless the contingent payee elects in writing to receive the present value of any remaining guaranteed payments in a single sum. J188 If a contingent payee has not been named or does not survive the payee, the following amounts will be paid in one sum to the estate of the payee:
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Death of Payee. At the death of the payee, any payments remaining will be paid according to the terms of the payment option chosen for payment of proceedschosen, unless the contingent payee elects in writing to receive the present value of any remaining guaranteed payments in a single lump sum. If a contingent payee has not been named or does not survive the payee, the following amounts will be paid in one sum to the estate of the payee:
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