Common use of Death of the Annuitant Clause in Contracts

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.

Appears in 15 contracts

Samples: Individual Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account), Individual Flexible Premium Deferred Variable Annuity Contract (Protective Variable Annuity Separate Account), Protective Variable Annuity Separate Account

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Death of the Annuitant. If the Annuitant is not an Owner and dies prior to the Annuity Commencement 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 a death of an Owner.

Appears in 7 contracts

Samples: Protective Variable Annuity Separate Account, Protective Variable Annuity Separate Account, Variable Annuity Account a of Protective Life

Death of the Annuitant. If the Annuitant is not an Owner and dies prior to the Annuity Commencement Date, the Owner 1 will become the new Annuitant unless you designate the Owner designates otherwise. If any Owner is not an individual, we will treat the death of the Annuitant will be treated as the death of an Owner.

Appears in 5 contracts

Samples: Variable Annuity Account a of Protective Life, Protective Variable Annuity Separate Account, Protective Variable Annuity Separate Account

Death of the Annuitant. If the Annuitant is not an the Owner and dies prior to the Annuity Maturity Date, then the Owner 1 will become the new Annuitant 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.

Appears in 2 contracts

Samples: Federal Life Insurance (Federal Life Variable Annuity Account A), Federal Life Variable Annuity Account A

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Death of the Annuitant. If the Annuitant is not an Owner and dies prior to the Annuity Date, the Primary 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 an Annuitant as the death of an Owner.

Appears in 1 contract

Samples: Protective Life Insurance (Protective Life Insurance Co)

Death of the Annuitant. If the Annuitant is not an Owner and dies prior to the Annuity Commencement Date, the Owner 1 first named on the Application will become the new Annuitant unless you designate the Owner designates otherwise. If any Owner is not an individual, we will treat the death of the Annuitant will be treated as the death of an Owner. The Contract shall be interpreted to comply with the requirements of Section 72(s) of the Internal Revenue Code.

Appears in 1 contract

Samples: American Foundation Life (American Foundation Variable Annuity Separate Account)

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