DEATH BENEFIT OPTIONS BEFORE INCOME DATE. In the event any Owner dies before the Income Date, the death benefit may be taken in one sum, in which case this Contract will terminate. Such sum shall be paid within five years of the Owner's death unless one of the options for continuation of this Contract below is elected by the person entitled to make that election. CONTRACT CONTINUATION OPTION - If the death benefit is not taken in one sum immediately, this Contract will continue subject to the following provisions:
Appears in 9 contracts
Samples: Contract (Fidelity Standard Life Separate Account), Contract (Fidelity Standard Life Separate Account), Insurance Contract (Sage Variable Annuity Account A)
DEATH BENEFIT OPTIONS BEFORE INCOME DATE. In the event any Owner dies before the Income Date, the death benefit may be taken in one sum, in which case this Contract that Certificate will terminate. Such sum shall be paid within five years of the Owner's death unless one of the options for continuation of this Contract the Certificate below is elected by the person entitled to make that election. CONTRACT CERTIFICATE CONTINUATION OPTION - If the death benefit is not taken in one sum immediately, this Contract the Certificate will continue subject to the following provisions:
Appears in 3 contracts
Samples: Group Contract (Sage Variable Annuity Account A), Group Contract (Sage Variable Annuity Account A), Group Contract (Fidelity Standard Life Separate Account)
DEATH BENEFIT OPTIONS BEFORE INCOME DATE. In the event any Owner dies before the Income Date, the death benefit may be taken in one sum, in which case this Contract will terminate. Such sum shall be paid within five years of the Owner's death unless one of the options for continuation of this Contract below is elected by the person entitled to make that election. CONTRACT CONTINUATION OPTION - If the death benefit is not taken in one sum immediately, this Contract will continue subject to the following provisions:.
Appears in 2 contracts
Samples: Contract (Sage Variable Annuity Account A), Contract (Sage Variable Annuity Account A)
DEATH BENEFIT OPTIONS BEFORE INCOME DATE. In the event any Owner dies before the Income DVAZ-9712 15 Date, the death benefit may be taken in one sum, in which case this Contract will terminate. Such sum shall be paid within five years of the Owner's death unless one of the options for continuation of this Contract below is elected by the person entitled to make that election. CONTRACT CONTINUATION OPTION - If the death benefit is not taken in one sum immediately, this Contract will continue subject to the following provisions:
Appears in 1 contract
