Interest on Death Benefit Proceeds. 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 date of death until such proceeds are paid or applied under an Annuity Option.
Appears in 5 contracts
Samples: Read Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co
Interest on Death Benefit Proceeds. We will pay interest on the death benefit proceeds. Interest Generally, interest will be paid at a rate of not less than 3% per year from the date of death until such proceeds are paid or applied under an Annuity Option.
Appears in 3 contracts
Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co
Interest on Death Benefit Proceeds. 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 date of death until such proceeds are paid or applied under an Annuity Option.. Exhibit 4(a)
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