Common use of FRM Clause in Contracts

FRM. If a spouse continues the contract under the “Spouse Beneficiary” provision of the contract, then the “date of receipt of Due Proof of Death” as used in this rider means the date of receipt of Due Proof of Death of the decedent that dies after the death Ownership Change - Upon a change in Contract Owner, where the new Owner is ineligible for this rider, the Death Benefit set forth under this rider becomes null and void. The charge for this rider is included in the net investment factor as an optional rider charge. It is an annual charge of 0.00% that is deducted daily from the value of the Sub-Accounts until the Annuity Commencement Date, however, the Company reserves the right to assess a charge of up to [0.50%] for newly issued riders. Signed for Hartford Life Insurance Company HL-VAROP03 Page 2 of 2 Printed in U.S.A. This rider is issued as part of the contract to which it is attached. The effective date of this rider is the same as the Contract Issue Date. This rider cannot be terminated either by the Contract Owner or the Company. Except where this rider provides otherwise, it is subject to all of the terms and conditions of the contract. In Your contract, the paragraph entitled “Death Benefit Before the Annuity Commencement Date”, the following is added: The Death Benefit payable before the Annuity Commencement Date is equal to the greater of the amounts determined in (A) or (B) below: