Payment of the Death Benefit. Unless an Owner has previously designated otherwise, the death benefit may be taken in one sum immediately and the Contract will terminate. If the death benefit is not taken in one sum immediately, the entire interest in the Contract must be distributed under one of the following options:
Appears in 17 contracts
Samples: Sep Ira Agreement, Sep Ira Agreement, PLAIC Variable Annuity Account S
Payment of the Death Benefit. Unless an Owner has previously designated otherwise, the The death benefit may be taken in one sum immediately and the Contract will terminate. If the death benefit is not taken in one sum immediately, the entire interest in the Contract must be distributed under one of the following options:
Appears in 7 contracts
Samples: Protective Variable Annuity Separate Account, Variable Annuity Account a of Protective Life, Protective Variable Annuity Separate Account
Payment of the Death Benefit. Unless an Owner has previously designated instructs us otherwise, the Beneficiary may take the entire death benefit may be taken in one sum immediately and the Contract will terminate. If the death benefit is not taken in one sum immediately, the entire interest in the Contract must be distributed under one of the following options:
Appears in 2 contracts
Samples: Sep Ira Agreement, Protective Life Insurance (Protective Life Insurance Co)
