Common use of ALTERNATE GUARANTEED DEATH BENEFIT Clause in Contracts

ALTERNATE GUARANTEED DEATH BENEFIT. The Alternate Guaranteed Death Benefit for the Contact is equal to the sum of I and II below. I. The Alternate Guaranteed Death Benefit Base for non-Special Funds. II. The Accumulation Value allocated to Special Funds. On the Contract Date, the Alternate Guaranteed Death Benefit Base for non-Special Funds is the initial premium allocated to non-Special Funds. On subsequent Valuation Dates, the Alternate Guaranteed Death Benefit Base for non-Special Funds is calculated as follows:

Appears in 4 contracts

Samples: Your Contract (Golden American Life Insurance Co /Ny/), Your Contract (Separate Account B of Golden American Life Insurance Co), Your Contract (Separate Account B of Golden American Life Insurance Co)

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