Common use of receive the Death Benefit Clause in Contracts

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. The foregoing distribution rules do not apply to a Contract, which is:

Appears in 4 contracts

Samples: Variable Annuity Account B, Variable Annuity Account B, Variable Annuity Account A

AutoNDA by SimpleDocs

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 ’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. The foregoing distribution rules do not apply to a Contract, which is:

Appears in 2 contracts

Samples: Contract Anniversary (Variable Annuity Account A), Variable Annuity Account A

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.