Common use of CHANGE OF OWNER Clause in Contracts

CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, and the Maximum Guaranteed Death Benefit. If the new Owner's attained age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall apply. If the new Owner's attained age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 6 contracts

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co), Your Contract (VOYA INSURANCE & ANNUITY Co), Your Contract (Separate Account B of Golden American Life Insurance Co)

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CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, the Alternate Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit. If the new Owner's attained age Attained Age at the time of the change is less than [80], the Guaranteed Death Benefit, the Alternate Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall apply. If the new Owner's attained age Attained Age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 2 contracts

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co), Your Contract (VOYA INSURANCE & ANNUITY Co)

CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, and the Maximum Guaranteed Death Benefit. If the new Owner's attained age Attained Age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall apply. If the new Owner's attained age Attained Age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 1 contract

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co)

CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, Benefit and the Maximum Guaranteed Death Benefit. If the new Owner's attained age at the time of the change is less than [8090], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall will apply. If the new Ownerowner's attained age at the time of the change is [8090] or greater, but not greater than [8595]:

Appears in 1 contract

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co)

CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, Benefit and the Maximum Guaranteed Death Benefit. If the new Owner's attained age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall will apply. If the new Ownerowner's attained age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 1 contract

Samples: Separate Account B of Golden American Life Insurance Co

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CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, Benefit and the Maximum Guaranteed Death Benefit. If the new Owner's attained age Attained Age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall will apply. If the new Owner's attained age Attained Age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 1 contract

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co)

CHANGE OF OWNER. A change of Owner from a sole Owner to a sole Owner (where there have never been multiple Owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, Benefit and the Maximum Guaranteed Death Benefit. If the new Owner's attained age Attained Age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall apply. If the new Owner's attained age Attained Age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 1 contract

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co)

CHANGE OF OWNER. A change of Owner from a sole Owner owner to a sole Owner owner (where there have never been multiple Owners owners designated) will result in recalculation of the Death Benefit, the Guaranteed Death Benefit, Benefit and the Maximum Guaranteed Death Benefit. If the new Ownerowner's attained age at the time of the change is less than [80], the Guaranteed Death Benefit and the Maximum Guaranteed Death Benefit in effect prior to the change will remain in effect and the Death Benefit provision shall will apply. If the new Ownerowner's attained age at the time of the change is [80] or greater, but not greater than [85]:

Appears in 1 contract

Samples: Your Contract (VOYA INSURANCE & ANNUITY Co)

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