Proof of Death. Any of the following will serve as Proof of Death of the Owner:
Proof of Death. Before making payment of a Death Benefit, or any other payment or transfer of ownership rights that depends on the death of a specified person, we will require proof of death. We may delay making any payment until it is received. For this purpose, proof of death is:
Proof of Death. A certified death certificate; a certified decree from a court of competent jurisdiction as to the finding of death; a written statement by a medical doctor who attended the deceased; or any other proof satisfactory to us. Purchase Payment An amount you invest in this Contract. Purchase Payments after the Initial Purchase Payment may be made at anytime prior to the Annuity Date as long as the Annuitant is living. Each Purchase Payment after the Initial Purchase Payment must be at least $1,000 for Non-Qualified Contracts or $50 for Qualified Contracts. The total of all Purchase Payments may not exceed $1,000,000 without our consent. Net Purchase Payments received prior to the close of the New York Stock Exchange will be credited to your Accumulated Value at the close of business that same day. Net Purchase Payments received after the close of the New York Stock Exchange will be credited the following Business Day.
Proof of Death. The Residency Program Director retains the right to request and receive written verification of the death. (Examples may include a funeral program or obituary.)
Proof of Death. Any of the following will serve as Proof of Death of the Owner: certified copy of the death certificate; certified decree of a court of competent jurisdiction as to the finding of death; written statement by a medical doctor who attended the deceased Owner; or any proof accepted by SBL. DISTRIBUTION RULES In the event of an Owner's death prior to the Annuity Start Date, the entire Death Benefit shall be paid within 5 years after the death of the Owner, except as provided below. In the event that the Beneficiary elects an Annuity Option, the length of time for payment of the benefit may be longer than 5 years if: The Designated Beneficiary is a natural person; The Death Benefit is paid out under one of Annuity Options 1 through 8; Payments are made over a period that does not exceed the life or life expectancy of the Beneficiary; and Payments begin within one year of the death of the Owner. If the deceased Owner's spouse is the sole Designated Beneficiary, the spouse shall become the sole Owner of the Contract. He or she may elect to: keep the Contract in force until the sooner of the spouse's death or the Annuity Start Date; or receive the Death Benefit. If any Owner dies on or after the Annuity Start Date, Annuity Payments shall continue to be paid at least as rapidly as under the method of payment being used as of the date of the Owner's death. If the Owner is a Nonnatural Person, the distribution rules set forth above apply in the event of the death of, or change in, the Annuitant. This Contract is deemed to include any provision of Section 72(s) of the Internal Revenue Code of 1986, as amended (the "Code"), or any successor provision. This Contract is also deemed to include any other provision of the Code deemed necessary by SBL in its sole judgment, to qualify this Contract as an annuity. The application of the distribution rules will be made in accordance with Code section 72(s), or any successor provision, as interpreted by SBL in its sole judgment. The foregoing distribution rules do not apply to a Contract, which is: provided under a plan described in Code section 401(a) or 403(b); an individual retirement annuity or provided under an individual retirement account or annuity; or otherwise exempt from the Code section 72(s) distribution rules.
Proof of Death. Amount of Death Benefit; Beneficiary; Death of Participant
Proof of Death. Any Beneficiary claiming an interest in the Contract must provide us in writing with due proof of your death and the death of the Joint Annuitant (if any), at the Annuity Service Center, unless we have already received such proof. We will not be responsible for any annuity income paid to You or the Joint Annuitant (if any), before we receive due proof of death at the Annuity Service Center. Proof of Survival Before making any payment that depends on a person being alive, we may require proof that the person is alive. Protection of Proceeds To the extent allowed by law, annuity income is not subject to the claims of creditors or to legal process. Nonparticipating The Contract is nonparticipating. This means that there are no dividends. Nontransferable and Nonforfeitable The Contract is established for the exclusive benefit of the Owner and his or her beneficiaries. The interest of the Owner in this Contract is nontransferable and, except as provided by law, is nonforfeitable. In particular, this Contract may not be sold, assigned, discounted, or pledged as collateral for a loan or as security for the performance of an obligation or for any other purpose to any person other than to us (other than a transfer incident to a divorce or separation instrument in accordance with Code Section 408(d)(6)). Any attempt to use the Contract in a manner inconsistent with the previous sentence will be void. Determination of Values The method of determination by the Company of the number and value of Annuity Income Units and other values is binding upon you, the Joint Annuitant (if any) and each Beneficiary.
Proof of Death. The Administrator may require such proper proof of death and such evidence of the right of any person to receive payment of the value of the Account of a deceased Accountholder as the Administrator may deem appropriate. The Administrator’s determination of which person will receive payment will be conclusive.
Proof of Death. Proof of Death may consist of a certified copy of the death certificate or any other proof satisfactory to Us.
Proof of Death. Any Beneficiary claiming an interest in the Contract must provide us in writing with due proof of the Annuitant's death and the death of the Joint Annuitant (if any), at the Annuity Service Center, unless we have already received such proof. We will not be responsible for any annuity income paid to the Annuitant or the Joint Annuitant (if any), before we receive due proof of death at the Annuity Service Center. Proof of Survival Before making any payment that depends on a person being alive, we may require proof that the person is alive. Protection of Proceeds To the extent allowed by law, annuity income is not subject to the claims of creditors or to legal process. Nonparticipating The Contract is nonparticipating. This means that there are no dividends. Nontransferable and Nonforfeitable The Contract is established for the exclusive benefit of the Owner(s) and his or her (or their) beneficiaries. The interest of the Owner(s) in this Contract is nontransferable and, except as provided by law, is nonforfeitable. In particular, this Contract may not be sold, assigned, discounted, or pledged as collateral for a loan or as security for the performance of an obligation or for any other purpose to any person other than to us (other than a transfer incident to a divorce or separation agreement). Any attempt to use the Contract in a manner inconsistent with the previous sentence will be void. Determination of Values The method of determination by the Company of the number and value of Annuity Income Units and other values is binding upon you, the Joint Annuitant (if any) and each Beneficiary.
