Common use of Death Benefit Value Clause in Contracts

Death Benefit Value. The Death Benefit Value is the amount that is available as a Death Benefit under this Contract. It is equal to the greater of:

Appears in 3 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 (Great American Life Insurance Co)

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Death Benefit Value. The Death Benefit Value is the amount that is available as a Death Benefit under this Contract. It is equal to the greater ofAccount Value on the date that the Death Benefit Value is determined. The Death Benefit Value is reduced by:

Appears in 1 contract

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

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Death Benefit Value. The Death Benefit Value is the amount that is available as a Death Benefit under this Contract. It is equal to the greater ofthe Account Value on the date that the Death Benefit Value is determined. The Death Benefit Value is reduced by:

Appears in 1 contract

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

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