If Annuitant Dies Before Annuity Commencement Date. If the Owner is living and the Annuitant Dies before the Annuity Commencement Date, the Contract will continue. If no Contingent Annuitant has been named, the Owner will become the Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.
If Annuitant Dies Before Annuity Commencement Date. If the Owner is living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit will be payable. If no Contingent Annuitant has been named, the Owner will become the Annuitant. If a Contingent Annxxxxxx xxs named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.
If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while the Owner is living, and before the annuity commencement date, the death benefit provided under the Contract will be paid to the Beneficiary unless there is a surviving Contingent Annuitant. If a Contingent Annuitant was named by the Owner prior to the Annuitant's death, and the Annuitant dies before the annuity commencement date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant's death and the Contingent Annuitant will become the Annuitant. If a corporation or other non-individual is an Owner, or if the deceased Annuitant is an Owner, the death of the Annuitant will be treated as the death of an Owner and the Contract will be subject to the death of an Owner provisions described below. Death Benefit Provisions (continued) If an Owner Dies Before Annuity Commencement Date If an Owner dies before the annuity commencement date, and such Owner was the Annuitant, the following provisions shall apply:
If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while the Owner is living, and before the Annuity Commencement Date, the death benefit provided under the Contract will be paid to the Beneficiary unless there is a surviving Contingent Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant. If a corporation or other non-individual is an Owner, or if the deceased Annuitant is an Owner, the death of the Annuitant will be treated as the death of an Owner and the Contract will be subject to the death of an Owner provisions described below.
