Common use of DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD Clause in Contracts

DEATH BENEFIT AMOUNT DURING THE ACCUMULATION PERIOD. The Death Benefit Amount is the Account Value. The Death Benefit Amount is determined as of the end of the Business Day on which we have received Notice of both due proof of death and the first acceptable election for the payment method. The Death Benefit Amount will remain in the current Allocation Options until payment begins. From the time the Death Benefit Amount is determined until complete distribution is made, any Death Benefit Amount(s) allocated to a Shield Option may increase or decrease, and this risk is borne by the Beneficiary(ies).

Appears in 4 contracts

Samples: Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co), Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co), Brighthouse Life Insurance Company (BRIGHTHOUSE LIFE INSURANCE Co)

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