Common use of PROCEEDS PAYABLE ON DEATH Clause in Contracts

PROCEEDS PAYABLE ON DEATH. 16 DEATH OF OWNER DURING THE ACCUMULATION PERIOD.................................................................16 DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD...........................................................16

PROCEEDS PAYABLE ON DEATH. 16 17 DEATH OF OWNER DURING THE ACCUMULATION PERIOD.................................................................16 PERIOD ..............17 DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD...........................................................16PERIOD ........17

PROCEEDS PAYABLE ON DEATH. 16 10 DEATH OF OWNER DURING THE ACCUMULATION PERIOD.................................................................16 ......................10 DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD...........................................................16................11

PROCEEDS PAYABLE ON DEATH. 16 15 DEATH OF OWNER DURING THE ACCUMULATION PERIOD.................................................................16 ...........................................................15 DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD................................................................................................................16