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 will be made to the Beneficiary as payee unless:
Appears in 3 contracts
Samples: Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B), Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account C), Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B)
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 will be made to the Beneficiary as payee unless:.
Appears in 2 contracts
Samples: Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B), Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account B)
