Common use of BENEFICIARY PROVISIONS Clause in Contracts

BENEFICIARY PROVISIONS. BENEFICIARY - The Beneficiary is as stated on the application, unless later changed by Your Written Request. One or more beneficiaries can be named in the application. If more than one Beneficiary is named, each can be classed as primary or contingent. If two or more persons are named in a class, their shares in the proceeds can be stated. The stated shares in the proceeds will be paid to any primary beneficiaries. If no primary beneficiaries survive, payment will be made to any surviving contingent beneficiaries. If You have not made other arrangements with Us, Beneficiaries who survive in the same class will share the proceeds equally. DEATH OF BENEFICIARY - If no named Beneficiary is living at the time a Death Benefit becomes payable, We will pay the Death Benefit to the Owner, or, if no Owner is alive, to the last surviving Owner's estate. CHANGE OF BENEFICIARY - To change a Beneficiary, a Written Request for a change of Beneficiary must be received at Our Administrative Office. If the request is received at Our Administrative Office after the death of the Owner, it will be effective only if no payment has been made. After the change is recorded, it will take effect as of the date the request was signed. PREMIUM PROVISIONS PREMIUM - The Initial Premium is due on or before the Effective Date. Thereafter, Premium payments may be made at any time prior to the Annuity Date, in an amount equal to or greater than the Minimum Subsequent Premium amount, shown on the Contract Schedule. ALLOCATION OF premium PAYMENTS - Premiums may be allocated to one or more of the Subaccounts of the Variable Account or to the Guaranteed Account. Whole percentages must be used. The allocation of the Initial Premium is shown on the application. You may change the allocation at any time. We will send confirmation of Your changes. Any subsequent Premium received will be allocated in accordance with the most recently received allocation instructions.

BENEFICIARY PROVISIONS. BENEFICIARY - The Beneficiary is as stated on the application, unless later changed by Your Written Request. One person or more beneficiaries can be named persons who may receive certain benefits under the Certificate Agreement in the applicationevent the Annuitant dies prior to the Annuitization Date. If more than one Beneficiary is namedsurvives the Annuitant, each can be classed as primary or contingent. If two or more persons are named in a class, their shares will share equally unless otherwise specified in the proceeds can be stated. The stated shares in the proceeds will be paid to any primary beneficiariesBeneficiary designation. If no primary beneficiaries surviveBeneficiary survives the Annuitant, payment all rights and interest of the Beneficiary shall vest in the Contingent Beneficiary, and if more than one Contingent Beneficiary survives, each will be made to any surviving contingent beneficiariesshare equally unless otherwise specified in the Contingent Beneficiary designation. If You have not made other arrangements no Contingent Beneficiary survives the Annuitant, all rights and interests of the Contingent Beneficiary will vest with Us, Beneficiaries who survive in the same class will share Certificate Owner or the proceeds equally. DEATH OF BENEFICIARY - If no named Beneficiary is living at the time a Death Benefit becomes payable, We will pay the Death Benefit to the Owner, or, if no Owner is alive, to estate of the last surviving Certificate Owner's estate. CHANGE OF BENEFICIARY - To Subject to the terms of any existing assignment, the Certificate Owner may change a Beneficiary, a Written Request for a change of the Beneficiary must be received at Our Administrative Office. If or Contingent Beneficiary during the request is received at Our Administrative Office after the death lifetime of the OwnerAnnuitant by written notice to the Company. The change, it will be effective only if no payment has been made. After upon receipt and recording by the change is recordedCompany at Home Office, it will take effect as of the date time the request written notice was signed, whether or not the Annuitant is living at the time of the recording, but without further liability as to any payment or settlement made by the Company before receipt of such change. PREMIUM DEATH PROVISIONS PREMIUM - The Initial Premium is due on or before ---------------- DEATH OF CERTIFICATE OWNER PROVISIONS If any Certificate Owner and the Effective Date. Thereafter, Premium payments may be made at any time Annuitant are not the same person and such Certificate Owner dies prior to the Annuity DateAnnuitization Date then the Joint Certificate Owner, if any, becomes the new Certificate Owner. If there is no surviving Joint Certificate Owner, the Contingent Certificate Owner becomes the new Certificate Owner. If there is no surviving Contingent Certificate Owner, the last surviving Certificate Owner's estate becomes the new Certificate Owner. The entire interest in an amount equal to or greater than the Minimum Subsequent Premium amount, shown on the Contract Schedule. ALLOCATION OF premium PAYMENTS - Premiums may be allocated to one or more of the Subaccounts of the Variable Certificate Account or to the Guaranteed Account. Whole percentages Value must be used. The allocation of the Initial Premium is shown on the application. You may change the allocation at any time. We will send confirmation of Your changes. Any subsequent Premium received will be allocated distributed in accordance with the most recently received allocation instructions"Required Distribution Provisions".

BENEFICIARY PROVISIONS. BENEFICIARY - The Beneficiary is as stated on the application, unless later changed by Your Written Request. One or more beneficiaries Beneficiaries can be named in the application. If more than one Beneficiary is named, each can be classed as primary or contingent. If two or more persons are named in a class, their shares in the proceeds can be stated. The stated shares in the proceeds will be paid to any primary beneficiariesBeneficiaries. If no primary beneficiaries Beneficiaries survive, payment will be made to any surviving contingent beneficiariesBeneficiaries. If You have not made other arrangements with Us, Beneficiaries who survive in the same class will share the proceeds equally. DEATH OF BENEFICIARY - If no named Beneficiary is living at the time a Death Benefit becomes payable, We will pay the Death Benefit to the Owner, or, if no Owner is alive, to the last surviving Owner's estate. CHANGE OF BENEFICIARY - To change a Beneficiary, a Written Request for a change of Beneficiary must be received at Our Administrative Office. If the request is received at Our Administrative Office after the death of the Owner, it will be effective only if no payment has been made. After the change is recorded, it will take effect as of the date the request was signed. PREMIUM PROVISIONS PREMIUM - The Initial Premium is due on or before the Effective Date. Thereafter, Premium payments may be made at any time prior to the Annuity Date, in an amount equal to or greater than the Minimum Subsequent Premium amount, shown on the Contract Schedule. ALLOCATION OF premium PAYMENTS - Premiums may be allocated to one or more of the Subaccounts of the Variable Account or to the Guaranteed Account. Whole percentages must be used. The allocation of the Initial Premium is shown on the application. You may change the allocation at any time. We will send confirmation of Your changes. Any subsequent Premium received will be allocated in accordance with the most recently received allocation instructions.

BENEFICIARY PROVISIONS. BENEFICIARY - The Beneficiary is as stated on the application, unless later changed by Your Written Request. One or more beneficiaries can be named in the application. If more than one Beneficiary is named, each can be classed as primary or contingent. If two or more persons are named in a class, their shares in the proceeds can be stated. The stated shares in the proceeds will be paid to any primary beneficiaries. If no primary beneficiaries survive, payment will be made to any surviving contingent beneficiaries. If You have not made other arrangements with Us, Beneficiaries who survive in the same class will share the proceeds equally. DEATH OF BENEFICIARY - If no named Beneficiary is living at the time a Death Benefit becomes payable, We will pay the Death Benefit to the Owner, or, if no Owner is alive, to the last surviving Owner's estate. CHANGE OF BENEFICIARY - To change a Beneficiary, a Written Request for a change of Beneficiary must be received at Our Administrative Office. If the request is received at Our Administrative Office after the death of the Owner, it will be effective only if no payment has been made. After the change is recorded, it will take effect as of the date the request was signed. PREMIUM PROVISIONS PREMIUM - The Initial Premium is due on or before the Effective Date. Thereafter, Premium payments may be made at any time prior to the Annuity Date, in an amount equal to or greater than the Minimum Subsequent Premium amount, shown on the Contract Schedule. ALLOCATION OF premium PAYMENTS - Premiums may be allocated to one or more of the Subaccounts of the Variable Account or to the Guaranteed Account. Whole percentages must be used. The allocation of the Initial Premium is shown on the application. You may change the allocation at any time. We will send confirmation of Your changes. Any subsequent Premium received will be allocated in accordance with the most recently received allocation instructions. PREMIUM ENHANCEMENT PREMIUM ENHANCEMENT - On the Effective Date, the Initial Premium will be increased by a credit equal to the amount shown in the Contract Schedule. The Premium Enhancement will be allocated to the subaccounts or to the Guaranteed Account in the same manner as the Initial Premium. Any subsequent Premium Enhancement may be granted at Our sole discretion. EFFECT OF A FULL SURRENDER OR DEATH ON THE PREMIUM ENHANCEMENT - If You fully surrender this certificate or die during the first twenty-four (24) months following receipt of a Premium Enhancement and prior to the Annuity Date, the entire Premium Enhancement amount will be deducted from the surrender amount or Death Benefit (see Death of Owner).

BENEFICIARY PROVISIONS. BENEFICIARY Designation of Beneficiary - The Beneficiary is as stated on the applicationperson you name who may receive any death benefit proceeds, unless later changed by Your Written Request. One or more beneficiaries can be named in any remaining annuity payments after the applicationAnnuity Date, if the Annuitant or Owner dies. If more than one you leave no surviving Beneficiary, your estate may receive the death benefit proceeds. If the Beneficiary is nameda trustee, each can we will neither be classed as primary or contingentresponsible for verifying a trustee's right to receive any death benefit proceeds, nor for how the trustee disposes of any death benefit proceeds. If two before payment of any death benefit proceeds, we receive proper notice that the trust has been revoked or more persons are named is not in a classeffect, their shares in the then any death benefit proceeds can be stated. The stated shares in the proceeds payable will be paid to any primary beneficiaries. If no primary beneficiaries survivethe Contingent Beneficiary, payment will be made to any surviving contingent beneficiaries. If You have if living; if not made other arrangements with Us, Beneficiaries who survive in the same class will share the proceeds equally. DEATH OF BENEFICIARY - If no named Beneficiary is living at the time a Death Benefit becomes payable, We will pay the Death Benefit to the Owner, or, if no Owner is alive, to the last surviving Owner's estate. CHANGE OF BENEFICIARY Adding or Changing Your Beneficiary - To change a You may add, change, or remove any Beneficiary, a Written Request for a change other than an irrevocable Beneficiary, subject to the terms of Beneficiary must be received at Our Administrative Office. If the request is received at Our Administrative Office after the death of the Ownerany assignment, it will be effective only if no payment has been made. After the change is recorded, it will take effect as of the date the request was signed. PREMIUM PROVISIONS PREMIUM - The Initial Premium is due on or before the Effective Date. Thereafter, Premium payments may be made at any time prior to the death of the Annuitant or Owner, by providing us with a request in a form satisfactory to us. However, if you have named an irrevocable Beneficiary, you may not add any new Beneficiary, or remove or change the irrevocable Beneficiary, without obtaining his or her written consent in a form acceptable to us. You may remove any non-irrevocable Beneficiary without obtaining the consent of the irrevocable Beneficiary. Qualified Contracts may have additional restrictions on naming and changing Beneficiaries. Any change or addition will take effect only when we receive all necessary documents and record the change or addition. ANNUITY PROVISIONS Choice of Annuity Date - Unless otherwise changed as provided below, the Annuity Date is shown in the Contract Specifications. We assigned the Annuity Date based on the Contract Type chosen and the Annuitant's Age shown in the application for this Contract. If there are Joint Annuitants, the Annuity Date was based on the younger Annuitant's birthday. The Annuity Date may be changed by providing proper notice to us at least ten (10) Business Days prior to the current Annuity Date or new Annuity Date, in an amount equal whichever is earlier, subject to any applicable state law or greater the Code. The new Annuity Date may not be earlier than the Minimum Subsequent Premium amountfirst Contract Anniversary and must occur on or before the day the Annuitant reaches his or her 95th birthday, shown or earlier, as required by any applicable state law or the Code. If there are Joint Annuitants, the Annuity Date will be based on the Contract Schedule. ALLOCATION OF premium PAYMENTS - Premiums may be allocated to one or more of the Subaccounts of the Variable Account or to the Guaranteed Account. Whole percentages must be used. The allocation of the Initial Premium is shown on the applicationyounger Annuitant's birthday. You may change the allocation at any timebe subject to additional restrictions under your Qualified Plan. We will send confirmation of Your changes. Any subsequent Premium received will be allocated in accordance You should consult with the most recently received allocation instructionsyour Qualified Plan administrator before you elect an Annuity Date.