Common use of SETTLEMENT PHASE Clause in Contracts

SETTLEMENT PHASE. BENEFITS DURING THE The Contract will enter its Settlement Phase if SETTLEMENT PHASE (a) the Contract Value reduces to zero, and

Appears in 4 contracts

Sources: Annuity Contract (John Hancock Life Insurance Co (Usa) Separate Account H), Annuity Contract (John Hancock Life Insurance Co (Usa) Separate Account H), Annuity Contract (John Hancock Life Insurance Co (Usa) Separate Account H)

SETTLEMENT PHASE. BENEFITS DURING THE SETTLEMENT The Contract will enter its Settlement Phase if SETTLEMENT PHASE (a) the Contract Value reduces to zero, and

Appears in 2 contracts

Sources: Annuity Contract (John Hancock Life Insurance Co of New York Separate Account A), Annuity Contract (John Hancock Life Insurance Co (Usa) Separate Account H)