Common use of Death Benefit Distribution Rules Clause in Contracts

Death Benefit Distribution Rules. The Death Benefit must be paid in accordance with the tax qualification endorsement, if any. If the cover page states that this Contract is a Nonqualified Xxxxxxx, then the Death Benefit must be paid either:

Appears in 5 contracts

Samples: Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co)

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Death Benefit Distribution Rules. The Death Benefit must be paid in accordance with the tax qualification endorsement, if any. If the cover page states that this Contract is a Nonqualified Xxxxxxx, then the Death Benefit must be paid either: 1) in full within five years of the date of death; or

Appears in 3 contracts

Samples: Individual Deferred Variable Annuity Contract (Great American Life Insurance Co), Individual Deferred Annuity Contract (Great American Life Insurance Co), Individual Deferred Annuity Contract (Great American Life Insurance Co)

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