Proof of Age and Survival Sample Clauses

Proof of Age and Survival. Minimum Payments: We may require proof of any annuitant's or contingent annuitant's date of birth before commencing payments under any annuity. We may also require proof that an annuitant or contingent annuitant is living before making any annuity payment. If a monthly annuity is less than our current established minimum payment, we may make payments on a less-frequent basis.
AutoNDA by SimpleDocs
Proof of Age and Survival. We have the right to require satisfactory proof of the age of the Annuitant; and that an Annuitant is living when a payment is contingent upon the Annuitant’s survival. We have the right to discontinue annuity payments until we receive proof in Good Order at our Customer Service Office. Communications with Us We receive all communications only at our Customer Service Office. Please include the contract number, full names of any Owner(s) and Annuitant, and each Owner’s current address in all correspondence with us. Payments by Us Any payment by us under this contract is payable at our Customer Service Office. We reserve the right to require surrender of this contract prior to payment of the death benefit.
Proof of Age and Survival. We have the right to require satisfactory proof of the age of the Annuitant; and that an Annuitant is living when a payment is contingent upon the Annuitant’s survival. We have the right to discontinue annuity payments until we receive proof in Good Order at our Customer Service Office. Conformity with Interstate Insurance Product Regulation Commission Standards This contract was approved under the authority of the Interstate Insurance Product Regulation Commission under the Commission standards. Any provision of this contract that on the Issue Date is in conflict with Interstate Insurance Product Regulation Commission standards for the applicable product type is hereby amended to conform to the Interstate Insurance Product Regulation Commission standards for the applicable product type in effect on the Issue Date. Communications with Us We receive all communications only at our Customer Service Office. Please include the contract number, full names of any Owner(s) and Annuitant, and each Owner’s current address in all correspondence with us. Payments by Us Any payment by us under this contract is payable at our Customer Service Office. We reserve the right to require surrender of this contract prior to payment of the death benefit. Non-participating This contract is not eligible for dividends and will not share in the surplus earnings of GIAC. Ownership of the Assets GIAC shall have ownership and control of its assets, including all assets allocated to Account R. Inactive Contract We may terminate the contract by paying the Owner the Accumulation Value in one sum, if prior to the Annuity Commencement Date all of the following occur: • no premium payments are made for two consecutive years; • the total amount of premium payments made, less any withdrawals, is less than $2,000; • the Accumulation Value on or after the end of such two year period is less than $2,000; and • we notified you in writing that this contract is inactive and subject to termination and on the date 6 months following the date of this notice you have not made any premium payments to bring either your total premium payments less withdrawals, or your Accumulation Value to $2,000. Taxes We will not be responsible for any tax consequences arising out of any transactions or ownership of this contract. Compliance with Section 72(s) of the Internal Revenue Code Notwithstanding any provision in this contract to the contrary, in the event of a Non-Natural Owner we may take any action regarding ...
Proof of Age and Survival. The Company shall have the right to require reasonable evidence of the age and survival of any Annuitant.
Proof of Age and Survival. Great-West reserves the right to require proof of the Annuitant’s age before the date annuity payments begin. In addition, for life contingent annuity options, Great-West may require evidence of survival of the Annuitant periodically on or after the date annuity payments begin.
Proof of Age and Survival. GWL&A of NY reserves the right to require proof of the annuitant’s or the GLWB Participant’s age before the date annuity payments begin. In addition, for life contingent annuity options, GWL&A of NY may require evidence of survival of any GLWB Participant periodically on or after the date annuity payments begin.
Proof of Age and Survival. The Company has the right to require satisfactory proof: * of the age of the Annuitant or joint annuitant, and * that an Annuitant, joint annuitant or beneficiary is living when a payment is contingent upon the Annuitant's, joint annuitant's or beneficiary's survival.
AutoNDA by SimpleDocs
Proof of Age and Survival. Great-West reserves the right to require proof of the annuitant’s or the GLWB Participant’s age before the date annuity payments begin. In addition, for life contingent annuity options, Great-West may require evidence of survival of any GLWB Participant periodically on or after the date annuity payments begin.
Proof of Age and Survival. Great-West of New York reserves the right to require proof of the Annuitant’s age before the date annuity payments begin. In addition, for life contingent annuity options, Great-West of New York may require evidence of survival of the Annuitant periodically on or after the date annuity payments begin.
Proof of Age and Survival. We may require satisfactory proof of correct age at any time. If any payment under this contract depends on the payee being alive, we may require satisfactory proof of survival.
Time is Money Join Law Insider Premium to draft better contracts faster.