Common use of Death of Annuitant Clause in Contracts

Death of Annuitant. If the natural Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 11 contracts

Samples: Variable Annuity Account Five, Variable Separate Account of Anchor National Life Insur Co, Variable Separate Account of Anchor National Life Insur Co

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Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" ” as defined in the IRC, and as the death of the Owner, see as explained in the DEATH PROVISIONS.

Appears in 8 contracts

Samples: Contract Data Page (Fs Variable Separate Account), Payee (Fs Variable Separate Account), Contract Data Page (Fs Variable Separate Account)

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" as defined in the IRC, and as the death of the Owner, see as explained in the DEATH PROVISIONS.

Appears in 6 contracts

Samples: Variable Annuity Account Seven, Fs Variable Separate Account, Fs Variable Separate Account

Death of Annuitant. If the natural Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 3 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Variable Separate Account of Anchor National Life Insur Co, Fs Variable Separate Account

Death of Annuitant. If the natural Owner and Annuitant are different, different and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until such time as the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 3 contracts

Samples: Variable Annuity Account Five, Variable Annuity Account Five, Variable Annuity Account Five

Death of Annuitant. If the natural Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural personnatural, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 3 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Anchor National Life Insurance Co, Variable Separate Account of Anchor National Life Insur Co

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to before the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see as explained in the DEATH PROVISIONS.

Appears in 3 contracts

Samples: Fs Variable Annuity Account Five, Variable Annuity Account Five, Variable Separate Account of Anchor National Life Insur Co

Death of Annuitant. If the natural Owner Participant and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner Participant becomes the Annuitant until the Owner Participant elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner Participant may elect a new Joint Annuitant. However, if the Owner Participant is a non-natural personnatural, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the OwnerParticipant, see DEATH PROVISIONS.

Appears in 3 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Variable Separate Account of Anchor National Life Insur Co, Anchor National Life Insurance Co

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the AS-993 (12/10) death of the "Primary Annuitant" as defined in the IRC, and as the death of the Owner, see as explained in the DEATH PROVISIONS.

Appears in 2 contracts

Samples: Variable Separate Account, Variable Separate Account

Death of Annuitant. If the natural Owner and Annuitant are different, different and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until such time as the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary “primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 2 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Variable Annuity Account Five

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Death of Annuitant. If the natural Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.

Appears in 2 contracts

Samples: Fs Variable Separate Account, Fs Variable Annuity Account Five

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see DEATH PROVISIONS.Joint

Appears in 1 contract

Samples: Fs Variable Separate Account

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior before to the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see asexplained in the DEATH PROVISIONS.

Appears in 1 contract

Samples: Fs Variable Annuity Account Five

Death of Annuitant. If the Owner is a natural person, the Owner and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner becomes the Annuitant until the Owner elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to before the Annuity Date, the Owner may elect a new Joint Annuitant. However, if the Owner is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the Owner, see asexplained in the DEATH PROVISIONS.

Appears in 1 contract

Samples: Fs Variable Separate Account

Death of Annuitant. If the natural Owner Participant and Annuitant are different, and the Annuitant dies before the Annuity Date, the Owner Participant becomes the Annuitant until the Owner Participant elects a new Annuitant. If there are Joint Annuitants, upon the death of any Annuitant prior to the Annuity Date, the Owner Participant may elect a new Joint Annuitant. However, if the Owner Participant is a non-natural person, We will treat the death of any Annuitant as the death of the "Primary Annuitant" and as the death of the OwnerParticipant, see DEATH PROVISIONS.

Appears in 1 contract

Samples: Variable Separate Account of Anchor National Life Insur Co

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