Common use of Death Benefit Commencement Date Clause in Contracts

Death Benefit Commencement Date. The Beneficiary of a Participant may designate the Death Benefit Commencement Date by Written Request. This request must be made within one (1) year of the death of the Participant. If no designation is made, then the Death Benefit Commencement Date will be one (1) year after the death of the Participant. No Death Benefit will be paid until we receive Due Proof of Death. Death Benefit Payments Death Benefit payments will be made to the Beneficiary as payee unless:

Death Benefit Commencement Date. The Beneficiary of a Participant may designate the Death Benefit Commencement Date by Written Request. This request must be made within one (1) year of the death of the Participant. If no designation is made, then the Death Benefit Commencement Date will be one (1) year after the death of the Participant. No Death Benefit will be paid until we receive Due Proof of Death. Death Benefit Payments Death Benefit payments will be made to the Beneficiary as payee unless:.