CHANGE OF OWNER. Subject to the tax qualification endorsement, if any, you may change the Owner at any time during your lifetime. A change of Owner must be made by a Request in Good Order. A change of Owner cancels all prior Beneficiary designations. It does not cancel a designation of an Annuitant or a Payout Option election. Successor Owner Your spouse becomes the successor owner of this Contract and succeeds to all rights of ownership if all of the following requirements are met:
Appears in 5 contracts
Samples: Massmutual Ascend Life Insurance Co, Great American Life Insurance Co, Great American Life Insurance Co
