Common use of DEATH PRIOR TO ANNUITY COMMENCEMENT DATE Clause in Contracts

DEATH PRIOR TO ANNUITY COMMENCEMENT DATE. Payment of death proceeds depends upon the relationships between the Owner, Annuitant, and beneficiary as outlined below. If there are surviving Owners, the surviving Owners automatically take the place of any beneficiary designation.

DEATH PRIOR TO ANNUITY COMMENCEMENT DATE. Payment of death proceeds depends upon the relationships between the Ownerowner, Annuitantannuitant, and beneficiary as outlined below. If there are surviving Ownersowners, the surviving Owners owners automatically take the place of any beneficiary designation.

DEATH PRIOR TO ANNUITY COMMENCEMENT DATE. Payment of death proceeds depends upon on the relationships between the Ownerowner, Annuitantannuitant, and beneficiary as outlined below. If there are surviving Ownersowners, the surviving Owners owners automatically take the place of any designated beneficiary designationor beneficiaries. Where there are joint annuitants, the death proceeds become payable only upon the death of the surviving annuitant subject to the distribution requirements under Subsection C.II. below.

DEATH PRIOR TO ANNUITY COMMENCEMENT DATE. Payment of death proceeds depends upon on the relationships between the Ownerowner, Annuitantannuitant, and beneficiary as outlined below. If there are surviving Ownersowners, the surviving Owners owners automatically take the place of any beneficiary designation.