Common use of CHANGE OF BENEFICIARY Clause in Contracts

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject to the following limitations. For solely owned individual or non-individual contracts, you may change the Beneficiary(ies) at any time before an Owner's death, if individually owned, or before an Annuitant's death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at any time. Upon the first Joint Owner's death, the surviving Joint Owner is the sole primary Beneficiary and may not be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject to the following limitations. For solely owned individual or non-individual contracts, you may change the Beneficiary(ies) at any time before an Owner's ’s death, if individually owned, or before an Annuitant's ’s death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at any time. Upon the first Joint Owner's ’s death, the surviving Joint Owner is the sole primary Beneficiary and may not be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. If an estate is the Beneficiary, the estate must be the sole primary Beneficiary, unless the Spouse is the sole primary Beneficiary. If the Spouse is the sole primary Beneficiary, then an estate can be a contingent Beneficiary. A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject Beneficiary(ies)subject to the following limitations. For solely owned individual or non-individual contracts, you may change the Beneficiary(ies) at any time before an Owner's death, if individually owned, or before an Annuitant's death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at Beneficiary(ies)at any time. Upon the first Joint Owner's death, the surviving Joint Owner is the sole primary Beneficiary and may not be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject to the following limitations. For solely owned individual or non-individual contracts, you may can change the Beneficiary(ies) at any time before an Owner's ’s death, if individually owned, or before an Annuitant's ’s death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at any time. Upon the first Joint Owner's ’s death, the surviving Joint Owner is the sole primary Beneficiary and may cannot be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. If an estate is the Beneficiary, the estate must be the sole primary Beneficiary, unless the Spouse is the sole primary Beneficiary. If the Spouse is the sole primary Beneficiary, then an estate can be a contingent Beneficiary. Ownership continued from the previous page Change of Beneficiary (continued) A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject to the following limitations. For solely owned individual or non-individual contracts, you may can change the Beneficiary(ies) at any time before an Owner's ’s death, if individually owned, or before an Annuitant's ’s death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at any time. Upon the first Joint Owner's ’s death, the surviving Joint Owner is the sole primary Beneficiary and may cannot be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. If an estate is the Beneficiary, the estate must be the sole primary Beneficiary, unless the Spouse is the sole primary Beneficiary. If the Spouse is the sole primary Beneficiary, then an estate can be a contingent Beneficiary. Ownership continued from the previous page Change of Beneficiary (continued) A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.. General Provisions

CHANGE OF BENEFICIARY. You may, upon Authorized Request, change the Beneficiary(ies) subject to the following limitations. For solely owned individual or non-individual contracts, you may change the Beneficiary(ies) at any time before an Owner's ’s death, if individually owned, or before an Annuitant's ’s death, if non-individually owned. For jointly owned contracts, you may change the contingent Beneficiary(ies) at any time. Upon the first Joint Owner's ’s death, the surviving Joint Owner is the sole primary Beneficiary and may not be changed. An irrevocable Beneficiary must give written consent before we will change the Beneficiary. If an estate is the Beneficiary, the estate must be the sole primary Beneficiary, unless the Spouse is the sole primary Beneficiary. If the Spouse is the sole primary Beneficiary, then an estate can be a contigent beneficiary. A Beneficiary change takes effect as of the date you signed the Authorized Request. We are not liable for any actions we take or payments we make before the Service Center receives the Authorized Request.