Common use of Contractholder Representative; Misstatement of Data Clause in Contracts

Contractholder Representative; Misstatement of Data. The Contractholder may designate a representative to act on its behalf under Sections 2 or 3 or to receive any payment under Sections 5 or 9. We may rely on any information the Contractholder, its designee, or you furnish. We need not inquire as to the accuracy or completeness of such information. If any essential data pertaining to any person has been omitted or misstated, including, but not limited to, a misstatement of an annuitant's or contingent annuitant's age, we will make an equitable adjustment to provide the annuity or other benefit determined using correct data.

Appears in 2 contracts

Samples: Guaranteed Benefit Employer Sponsored Tda Contract (Aul American Unit Trust), Guaranteed Benefit Employer Sponsored Tda and Qualified Plan (Aul American Unit Trust)

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Contractholder Representative; Misstatement of Data. The Contractholder You may designate a representative to act on its your behalf under Sections 2 or 3 or to receive any payment under Sections 5 or 9. We may rely on any information the Contractholderyou, its your designee, or you a Participant furnish. We need not inquire as to the accuracy or completeness of such information. If any essential data pertaining to any person has been omitted or misstated, including, but not limited to, a misstatement of an annuitant's or contingent annuitant's age, we will make an equitable adjustment to provide the annuity or other benefit determined using correct data.

Appears in 2 contracts

Samples: Guaranteed Benefit Employer Sponsored Tda and Qualified Plan (Aul American Unit Trust), Guaranteed Benefit Employer Sponsored Tda Contract (Aul American Unit Trust)

Contractholder Representative; Misstatement of Data. The Contractholder may designate a representative to act on its behalf under Sections 2 or 3 or to receive any payment under Sections 5 or 9Section 5. We may rely on any information the Contractholder, its designee, or you furnish. We need not inquire as to the accuracy or completeness of such information. If any essential data pertaining to any person has been omitted or misstated, including, but not limited to, a misstatement of an annuitant's or contingent annuitant's age, we will make an equitable adjustment to provide the annuity or other benefit determined using correct data.

Appears in 1 contract

Samples: Voluntary Tda Custodial Contract (Aul American Unit Trust)

Contractholder Representative; Misstatement of Data. The Contractholder You may designate a representative to act on its your behalf under Sections 2 or 3 or to receive any payment under Sections 5 or 9Section 5. We may rely on any information the Contractholderyou, its your designee, or you a Participant furnish. We need not inquire as to the accuracy or completeness of such information. If any essential data pertaining to any person has been omitted or misstated, including, but not limited to, a misstatement of an annuitant's or contingent annuitant's age, we will make an equitable adjustment to provide the annuity or other benefit determined using correct data.

Appears in 1 contract

Samples: Voluntary Tda Custodial Contract (Aul American Unit Trust)

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Contractholder Representative; Misstatement of Data. The Contractholder may designate a representative to act on its behalf under Sections Section 2 or 3 or to receive any payment under Sections Section 5 or 9. We may rely on any information the Contractholder, its designee, or you furnish. We need not inquire as to the accuracy or completeness of such information. If any essential data pertaining to any person has been omitted or misstated, including, but not limited to, a misstatement of an annuitant's or contingent annuitant's age, we will make an equitable adjustment to provide the annuity or other benefit determined using correct data.

Appears in 1 contract

Samples: Insurance Contract (Aul American Unit Trust)

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