Common use of BENEFICIARY PROVISIONS Clause in Contracts

BENEFICIARY PROVISIONS. Designation of Beneficiary - The Beneficiary is the person you name who may receive any death benefit proceeds, or any remaining annuity payments after the Annuity Date, if the Annuitant or Owner dies. If you leave no surviving Beneficiary, your estate may receive the death benefit proceeds. If the Beneficiary is a trustee, we will neither be responsible for verifying a trustee's right to receive any death benefit proceeds, nor for how the trustee disposes of any death benefit proceeds. If before payment of any death benefit proceeds, we receive proper notice that the trust has been revoked or is not in effect, then any death benefit proceeds payable will be paid to the Contingent Beneficiary, if living; if not to the Owner's estate. Adding or Changing Your Beneficiary - You may add, change, or remove any Beneficiary, other than an irrevocable Beneficiary, subject to the terms of any assignment, 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 the notice is signed, subject to our receipt.

BENEFICIARY PROVISIONS. Designation of Beneficiary - The Beneficiary is the person you name or persons who may will receive any death benefit proceeds, or any remaining annuity payments after the Death Benefit if the Owner dies prior to the Annuity Date. Joint Owners - If the Contract is owned by joint Owners, each of the Owner and joint Owner shall automatically be designated as the other’s first Beneficiary. No other Beneficiary designations will take effect if either the Annuitant Owner or joint Owner diessurvives. Designation of Beneficiary - If an Owner or joint Owner survives, that survivor is the Beneficiary. If no Owner or joint Owner survives, other Beneficiary designations take effect. You may designate Beneficiaries (other than an Owner or joint Owner) as primary or contingent to indicate the order in which they will receive the Death Benefit. If you name two or more Beneficiaries of the same class (primary or contingent), they will share the Death Benefit equally unless you have requested a different division among them. You may designate a primary Beneficiary as irrevocable. Your initial Beneficiary designations are stated on your Specifications Pages. If any Beneficiary dies before the Owner, that Beneficiary’s interest will go to the other Beneficiaries named, according to their respective interests. If you leave no surviving Beneficiary, your estate may will receive the death benefit proceedsDeath Benefit. If the Beneficiary is a trust or trustee, we will neither be are not responsible for verifying a the trust’s or trustee's ’s right to receive any death benefit proceedsthe Death Benefit, nor or for how the trustee disposes of any death benefit distributes the proceeds. If before payment of any death benefit proceeds, we receive proper notice a Written Request indicating that the trust has been revoked or is not in effecteffect before payment of the Death Benefit, then any death benefit proceeds payable the Death Benefit will be paid to the Contingent Beneficiaryany other Beneficiaries named, if living; if not according to the Owner's estatetheir respective interests. Adding or Changing Your Beneficiary - You may add, change, or remove any Beneficiarychange a Beneficiary designation, other than an irrevocable BeneficiaryBeneficiary designation, at any time by providing a Written Request to us, subject to the terms of any assignment, 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 If you have named an irrevocable Beneficiary, you may not add any new primary Beneficiary, or remove or change the irrevocable Beneficiary, without obtaining his or her written consent in a form acceptable to us. You may remove Once we have recorded it, the change will be effective on the date the Written Request is signed. We will not be liable for any non-irrevocable Beneficiary without obtaining payment made or other action taken by us before 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 was received and recorded by us at our Administrative Office. You cannot remove an Owner or joint Owner as Beneficiary other than through the notice is signed, subject to our receiptchange of ownership provisions of this Contract.

BENEFICIARY PROVISIONS. Designation of Beneficiary - The Beneficiary is the person you name or persons who may will receive any death benefit proceeds, or any remaining annuity payments after the Death Benefit if the Owner dies prior to the Annuity Date. Joint Owners — If the Contract is owned by joint Owners, each of the Owner and joint Owner shall automatically be designated as the other’s first Beneficiary. No other Beneficiary designations will take effect if either the Annuitant Owner or joint Owner diessurvives. Designation of Beneficiary — If an Owner or joint Owner survives, that survivor is the Beneficiary. If no Owner or joint Owner survives, other Beneficiary designations take effect. You may designate Beneficiaries (other than an Owner or joint Owner) as primary or contingent to indicate the order in which they will receive the Death Benefit. If you name two or more Beneficiaries of the same class (primary or contingent), they will share the Death Benefit equally unless you have requested a different division among them. You may designate a primary Beneficiary as irrevocable. Your initial Beneficiary designations are stated on your Specifications Pages. If any Beneficiary dies before the Owner, that Beneficiary’s interest will go to the other Beneficiaries named, according to their respective interests. If you leave no surviving Beneficiary, your estate may will receive the death benefit proceedsDeath Benefit. If the Beneficiary is a trust or trustee, we will neither be are not responsible for verifying a the trust’s or trustee's ’s right to receive any death benefit proceedsthe Death Benefit, nor or for how the trustee disposes of any death benefit distributes the proceeds. If before payment of any death benefit proceeds, we receive proper notice a Written Request indicating that the trust has been revoked or is not in effecteffect before payment of the Death Benefit, then any death benefit proceeds payable the Death Benefit will be paid to the Contingent Beneficiaryany other Beneficiaries named, if living; if not according to the Owner's estatetheir respective interests. Adding or Changing Your Beneficiary - — You may add, change, or remove any Beneficiarychange a Beneficiary designation, other than an irrevocable BeneficiaryBeneficiary designation, at any time by providing a Written Request to us, subject to the terms of any assignment, 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 If you have named an irrevocable Beneficiary, you may not add any new primary Beneficiary, or remove or change the irrevocable Beneficiary, without obtaining his or her written consent in a form acceptable to us. You may remove Once we have received it, the change will be effective on the date the Written Request is signed. We will not be liable for any non-irrevocable Beneficiary without obtaining payment made or other action taken by us before 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 was received by us at our Administrative Office. You cannot remove an Owner or joint Owner as Beneficiary other than through the notice is signed, subject to our receiptchange of ownership provisions of this Contract.

BENEFICIARY PROVISIONS. Designation of Beneficiary - — The Beneficiary is the person you name who may receive any death benefit proceeds, or any remaining annuity payments after the Annuity Date, if the Annuitant or Owner dies. The Owner can name more than one Beneficiary. Multiple Beneficiaries will share the death benefit proceeds (or any remaining annuity payments) equally, unless otherwise specified. If any Beneficiary predeceases the Annuitant or Owner, that Beneficiary’s interest will go to any other Beneficiaries named, according to their respective interests, unless otherwise specified. If you leave no surviving Beneficiary, your estate may receive the death benefit proceeds. If the Beneficiary is a trustee, we will neither be responsible for verifying a trustee's ’s right to receive any death benefit proceeds, nor for how the trustee disposes of any death benefit proceeds. If before payment of any death benefit proceeds, we receive proper notice that the trust has been revoked or is not in effect, then any death benefit proceeds payable will be paid to the Contingent Beneficiary, if living; if not to the Owner's ’s estate. Adding or Changing Your Beneficiary - — You may add, change, or remove any Beneficiary, other than an irrevocable Beneficiary, subject to the terms of any assignment, 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 on the date the notice of change is signedsigned by the Owner, subject to any payments made or actions taken by us prior to our receipt.receipt of the notice. ICC10:10-1185-L

BENEFICIARY PROVISIONS. Designation of Beneficiary - — The Beneficiary is the person you name who may receive any death benefit proceeds, or any remaining annuity payments after the Annuity Date, if the Annuitant or Owner dies. The Owner can name more than one Beneficiary. Multiple Beneficiaries will share the death benefit proceeds (or any remaining annuity payments) equally, unless otherwise specified. If any Beneficiary predeceases the Annuitant or Owner, that Beneficiary’s interest will go to any other Beneficiaries named, according to their respective interests, unless otherwise specified. If you leave no surviving Beneficiary, your estate may receive the death benefit proceeds. If the Beneficiary is a trustee, we will neither be responsible for verifying a trustee's ’s right to receive any death benefit proceeds, nor for how the trustee disposes of any death benefit proceeds. If before payment of any death benefit proceeds, we receive proper notice that the trust has been revoked or is not in effect, then any death benefit proceeds payable will be paid to the Contingent Beneficiary, if living; if not to the Owner's ’s estate. Adding or Changing Your Beneficiary - — You may add, change, or remove any Beneficiary, other than an irrevocable Beneficiary, subject to the terms of any assignment, 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 the notice is signed, subject to our receipt. Any such change or addition will not impact any payment made or other action taken by us before the change or addition was received by us at our Service Center.