Common use of Death Benefit Clause in Contracts

Death Benefit. The death benefit is the Contract Value, less any applicable premium tax, as of the end of the Valuation Period during which we receive due proof of death. Only one death benefit is payable under this Contract, even though the Contract may, in some circumstances, continue beyond an Owner’s death.

Appears in 12 contracts

Samples: PLAIC Variable Annuity Account S, PLAIC Variable Annuity Account S, Variable Annuity Account a of Protective Life

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Death Benefit. The death benefit is the Contract Value, less any applicable premium tax, Value as of the end of the Valuation Period during which we receive due proof of death. Only one death benefit is payable under this Contract, even though the Contract may, in some circumstances, continue beyond an Owner’s 's death.

Appears in 5 contracts

Samples: Protective Variable Annuity Separate Account, Protective Variable Annuity Separate Account, Protective Variable Annuity Separate Account

Death Benefit. The death benefit is the Contract Value, less any applicable premium tax, as of the end of the Valuation Period during which we receive due proof of death. Only one death benefit is payable under this Contract, even though the Contract may, in some circumstances, continue beyond an Owner’s death.. NY-VDA-A-2006 [ 12/11 ]

Appears in 3 contracts

Samples: Variable Annuity Account a of Protective Life, Variable Annuity Account a of Protective Life, Variable Annuity Account a of Protective Life

Death Benefit. The death benefit is the Contract Value, less any applicable premium tax, Value as of the end of the Valuation Period during which we receive due proof of death. Only one death benefit is payable under this Contract, even though the Contract may, in some circumstances, continue beyond an Owner’s death.

Appears in 2 contracts

Samples: Variable Annuity Account a of Protective Life, Variable Annuity Account a of Protective Life

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Death Benefit. The death benefit is the Contract Value, less any applicable premium tax, as of the end of the Valuation Period during which we receive due proof of death. Only one death benefit is payable under this Contract, even though the Contract may, in some circumstances, continue beyond an Owner’s 's death.

Appears in 2 contracts

Samples: Sep Ira Agreement, Sep Ira Agreement

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