Common use of Death of Xxxxxxxxx Clause in Contracts

Death of Xxxxxxxxx. On the death of the last surviving Annuitant, the Owner becomes the new Annuitant, if the Owner is an individual. If the Owner is not an individual the death of any Annuitant is treated as the death of an Owner and the Death Benefit will be determined by substituting the Annuitant for the Owner as described below.

Appears in 4 contracts

Samples: John Hancock Life Insurance Co of New York Separate Account A, John Hancock Life Insurance Co (Usa) Separate Account H, John Hancock Life Insurance Co (Usa) Separate Account H

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