BENEFICIARY CHANGE. The Owner may change the designation while the Annuitant is alive unless otherwise provided in the previous designation. A change may be made by filing a written request with the Home Office. The request must be in a form acceptable to the Company. The Company may require this Contract for endorsement of a change.
BENEFICIARY CHANGE. You have the right to name a Beneficiary on the application. You may name a Beneficiary who cannot be changed without his/her consent. This is an irrevocable Beneficiary. You may add a Beneficiary or change the Beneficiary by written request during your lifetime, if:
BENEFICIARY CHANGE. Subject to the rights of any irrevocable Beneficiary(ies), the Owner may change the primary Beneficiary(ies) or contingent Beneficiary(ies). A change may be made by Formal Request. The change will take effect as of the date the Formal Request is signed. The Company will not be liable for any payment made or action taken before it records the change. SUSPENSION OR DEFERRAL OF PAYMENTS PROVISIONS The Company reserves the right to suspend or postpone payments from the Separate Account for a withdrawal or transfer for any period listed below, provided that applicable rules and regulations of the Securities and Exchange Commission will govern as to whether the conditions described in (2) and (3) below exist. The Company further reserves the right to postpone payments from the Fixed Account for a period of up to six (6) months.
BENEFICIARY CHANGE. Clearly print the full name, age (if minor) and relationship of the new beneficiary(ies) to the insured.
BENEFICIARY CHANGE. You may change your Beneficiary to a Member of the Family of the former Beneficiary without adverse federal income tax consequences. Otherwise, the change may be subject to federal income taxes. There also may be federal gift, estate and generation-skipping tax consequences of changing the Beneficiary. Earnings. Earnings within an Account should not result in taxable income to the Account Owner or Beneficiary while the earnings are retained in the Account.
BENEFICIARY CHANGE. Subject to the rights of any irrevocable Beneficiary(ies), the Owner may change the primary Beneficiary(ies) or contingent Beneficiary(ies). A change may be made by Written Request. The change will take effect as of the date the Written Request is signed. The Company will not be liable for any payment made or action taken before it records the change. -------------------------------------------------------------------------------- SUSPENSION OR DEFERRAL OF PAYMENTS PROVISION -------------------------------------------------------------------------------- The Company reserves the right to suspend or postpone payments from the Separate Account for a withdrawal or transfer for any period listed below, provided that applicable rules and regulations of the Securities and Exchange Commission will govern as to whether the conditions described in (2) and (3) below exist.
BENEFICIARY CHANGE. The Beneficiary(ies) may be changed by the Owner by written notice only. The Beneficiary(ies) may be made irrevocable by a written notice filed with and acknowledged by the Company. An irrevocable Beneficiary may only be changed with written consent of such Beneficiary. Beneficiary changes will take effect on the date the notice is signed, subject to receipt by the Company. Deferment of Payment - If a lump sum or cash withdrawal is to be paid from the Separate Account, payment will be made within seven days from the date the election becomes effective. The Company may defer cases where the New York Stock Exchange is closed or the SEC has restricted trading, or when the SEC allows the Company to defer payments in order to protect its Contract Owners. Non-Participating - This Contract does not pay dividends. It will not share in any Company profits or surplus earnings.
