Common use of GUARANTEED DEATH BENEFIT Clause in Contracts

GUARANTEED DEATH BENEFIT. On the Contract Date, the Guaranteed Death Benefit is the initial premium plus any Credits. On subsequent Valuation Dates, the Guaranteed Death Benefit is calculated as follows: [IF DEATHBEN = "1": OPTION 1:

Appears in 1 contract

Samples: Important Terms (VOYA INSURANCE & ANNUITY Co)

GUARANTEED DEATH BENEFIT. On the Contract Date, the Guaranteed Death Benefit is the initial premium plus any Credits. On subsequent Valuation Dates, the Guaranteed Death Benefit is calculated as follows: [IF DEATHBEN = "1": OPTION 1:

Appears in 1 contract

Samples: Exhibit 16 (VOYA INSURANCE & ANNUITY Co)

GUARANTEED DEATH BENEFIT. On the Contract Date, the Guaranteed Death Benefit is the initial premium plus any Creditspremium. On subsequent Valuation Dates, the Guaranteed Death Benefit is calculated as follows: [IF DEATHBEN = "1": OPTION 1:

Appears in 1 contract

Samples: Golden American (VOYA INSURANCE & ANNUITY Co)