DEATH BENEFIT CALCULATION DURING THE ACCUMULATION PERIOD. If the Certificate Holder or Annuitant dies before an Annuity Payout Option starts, the Beneficiary is entitled to a death benefit. If the Account is owned jointly, the death benefit applies at the death of the first joint Certificate Holder to die. The amount of the death benefit is determined as follows:
Appears in 4 contracts
Samples: Variable Annuity Group Master Contract (Separate Account B of Golden American Life Insurance Co), Variable Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Variable Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
DEATH BENEFIT CALCULATION DURING THE ACCUMULATION PERIOD. If the Certificate (Contract) Holder or Annuitant dies before an Annuity Payout Option starts, the Beneficiary is entitled to a death benefit. If the Account is owned jointly, the death benefit applies at the death of the first joint Certificate (Contract) Holder to die. The amount of the death benefit is determined as follows:
Appears in 2 contracts
Samples: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
