Interest on Death Benefit Proceeds. If payment of death benefit proceeds is unduly delayed after the Notice Date, we will pay interest on the death benefit proceeds. Interest will be paid at a rate of not less than 3% per year from the Notice Date until such proceeds are paid or applied under an Annuity Option. If the insurance laws of the state in which the Contract is delivered requires payment of a greater amount, we will pay that amount.
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Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co
Interest on Death Benefit Proceeds. If payment of death benefit proceeds is unduly delayed after the Notice Date, we will pay interest on the death benefit proceeds. Interest will be paid at a rate of not less than 3% per year from the Notice Date until such the proceeds are paid or applied under an Annuity Option. If the insurance laws of law in the state in which the Contract is delivered issued requires payment of a greater amount, we will pay that amount.
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Samples: Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pm Group Life Insurance Co, Separate Account a of Pacific Mutual Life Ins Co
Interest on Death Benefit Proceeds. If payment of death benefit proceeds is unduly delayed after the Notice Date, we will pay interest on the death benefit proceeds. Interest The interest rate credited and the date the interest will begin to be paid at a rate of not less than 3% per year from the Notice Date until such proceeds are paid or applied under an Annuity Option. If credited will depend on the insurance laws of the state in which the Contract is delivered requires payment of a greater amount, we will pay that amountdelivered.
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Samples: Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)
Interest on Death Benefit Proceeds. If payment of death benefit proceeds is unduly delayed after the Notice Date, we will pay interest on the death benefit proceeds. Interest will be paid at a rate of not less than 3% per year from the Notice Date until such proceeds are paid or applied under an Annuity Option. If the insurance laws of the state in which the Contract is delivered requires payment of a greater amount, we will pay that amount.. Table of Contents
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Interest on Death Benefit Proceeds. If payment of death benefit proceeds is unduly delayed after the Notice Date, we will pay interest on the death benefit proceeds. Interest will be paid at a rate of not less than 3% per year from the Notice Date until such the proceeds are paid or applied under an Annuity Option. If the insurance laws of law in the state in which the Contract is delivered requires payment of a greater amount, we will pay that amount.
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