Proof of Life or Death. Before we make a payment, we have the right to require proof of the life or death of any person on whose life or death determines whether, to whom, or how much we must pay any benefits under this Contract.
Proof of Life or Death. Before we make a payment, we have the right to require proof of the life or death of any person on whose life or death determines whether, to whom, or how much we must pay any benefits under this Contract. Withholding Taxes — We reserve the right to withhold from all payments made or deemed made under this Contract, any taxes required to be withheld by applicable federal or state law, unless the Owner or payee elects otherwise pursuant to applicable withholding rules. Non-Participating — This Contract is classified as a non-participating contract. It does not participate in our profits or surplus, and therefore no dividends are payable. Conformity with IIPRC Standards — This contract was approved under the authority of the IIPRC and issued under the IIPRC standards. If there is any contract provision that is in conflict with any IIPRC standards applicable to this Contract when this Contract was issued, the provision is amended to conform to that standard. Any such amendment is effective on the Contract Date. ICC12:10-1252
Proof of Life or Death. We may require proof of life or death for any person whose life or death determines any benefits under this Contract.
Proof of Life or Death. Before we make a payment, we have the right to require proof of the life or death of any person on whose life or death determines whether, to whom, or how much we must pay any benefits under this Contract. Withholding Taxes — We reserve the right to withhold from all payments made or deemed made under this Contract, any taxes required to be withheld by applicable federal or state law, unless the Owner or payee elects otherwise pursuant to applicable withholding rules. Non-Participating — This Contract is classified as a non-participating contract. It does not participate in our profits or surplus, and therefore no dividends are payable.
Proof of Life or Death. We may require proof of life or death for any person whose life or death determines any benefits under this Contract. Reports to Owner(s) — Each year prior to the Annuity Date, we will provide a report with the beginning and ending dates, the Contract Value, the transactions by type, the cash surrender value and Death Benefit Amount, if any, at the end of the current report period. The report shall provide current information as of a date not more than four months prior to the date of mailing. Additional reports are available upon request at no charge. Withholding Taxes — We will withhold any taxes required by federal and state law from the Contract, unless you or the payee provides alternate instructions allowable under the withholding rules.
Proof of Life or Death. We may require proof of life or death for any person whose life or death determines any benefits under this Contract. Reports to Owner(s) – Each year prior to the Annuity Date, we will provide a report with the beginning and ending dates, the Contract Value, the number of Annuity Units in each Subaccount and the value of each Subaccount, the transactions by type, the cash surrender value, Withdrawal Charges applicable to your Purchase Payments and Death Benefit Amount, if any, at the end of the current report period. The report shall provide current information as of a date not more than four months prior to the date of mailing. Additional reports are available upon request at no charge.
