Death of the Annuitant Sample Clauses

Death of the Annuitant. If the Annuitant is not an Owner and dies prior to the Annuity Date, Owner 1 will become the new Annuitant unless you designate otherwise. If any Owner is not an individual, we will treat the death of the Annuitant as the death of an Owner.
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Death of the Annuitant. The death benefit is the greater of:
Death of the Annuitant. Unless otherwise indicated by the Owner, upon the death of the Annuitant, the Present Value of the remaining guaranteed annuity benefit payments may be paid to the Owner. ANNUITY BENEFIT PAYMENT OPTIONS PERIOD CERTAIN ANNUITY: Periodic annuity benefit payments for a chosen number of years. The number of years selected may be from 5 to 30.
Death of the Annuitant. If the Annuitant is a person other than the Owner and the Owner is an individual, and if the Annuitant dies before the Annuity Date, a new Annuitant may be named by the Owner. If no new Annuitant is named within sixty (60) days of Our receipt of proof of death, the Owner will be the new Annuitant. If the Annuitant dies after the Annuity Date, the remaining payments, if any, will be as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits, if any, will be paid to the designated Beneficiary at least as rapidly as under the method of distribution in effect at the Annuitant's death.
Death of the Annuitant. If the Annuitant is a person other than the Owner and the Owner is an individual, and if the Annuitant dies before the Annuity Date, a new Annuitant may be named by the Owner. If no new Annuitant is named within sixty (60) days of Our receipt of proof of death, the Owner will be the new Annuitant. If the Annuitant dies after the Annuity Date, the remaining payments, if any, will be as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits, if any, will be paid to the designated Beneficiary at least as rapidly as under the method of distribution in effect at the Annuitant's death. ================================================================================ SURRENDER PROVISIONS SURRENDER - While this certificate is in force and before the Annuity Date, We will, upon Written Request, allow the surrender of all or a portion of this certificate for its Surrender Value. Surrenders will result in the cancellation of Accumulation Units from each applicable Subaccount and the Guaranteed Account in the ratio that the value of each account bears to the total Contract Value. You must specify by Written Request, in advance, which units are to be canceled if other than the above described method of cancellation is desired. We will pay the amount of any surrender within seven (7) days of receipt of a request unless the "Delay of Payments" provision is in effect. The Surrender Value will be the Contract Value, as of the date of Our receipt of Your Written Request for surrender, reduced by the sum of:
Death of the Annuitant. On the death of the Annuitant before the Annuity Date, the Owner becomes the new Annuitant, if the Owner is an individual. If there is more than one Owner, the youngest Owner will become the Annuitant. If any Owner is not an individual, the death of an Annuitant will be treated as the death of an Owner and the death benefit will be determined as if the Annuitant were the Owner. If the Annuitant is changed and the Owner is not a natural person, the entire interest in the Contract must be distributed to the Owner within 5 years of the change.
Death of the Annuitant. If the Annuitant, who is not a Certificate Holder, dies on or before the Annuity Date, a new Annuitant may be named. If no Annuitant is named, the Certificate Holder will be the Annuitant. If the Annuitant dies after the Annuity Date, the death benefit, if any, will be payable to the Beneficiary as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death.
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Death of the Annuitant. Upon the Annuitant’s death, the money and assets held under this Fund shall be payable in accordance with the Regulations. Such payment shall be effected after receipt by the Trustee of satisfactory evidence of the Annuitant's death and of entitlement to the funds in question.
Death of the Annuitant. On the death of the Annuitant, the funds in the LIF shall be paid to the survivor of the Annuitant by:
Death of the Annuitant. If the Annuitant dies before purchasing a Life Annuity pursuant to Section 7 hereof, the balance of the money in the Account shall be paid:
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