Death of Annuitant. Upon the death of the Annuitant, who is not a Contract Owner, during the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after the Annuity Date, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s death.
Appears in 8 contracts
Samples: C M Multi Account A, Massachusetts Mutual Variable Annuity Separate Account 4, Massachusetts Mutual Variable Annuity Separate Account 4
Death of Annuitant. Upon the death of the Annuitant, who is not a Contract Owner, during the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after the Annuity Date, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 3 contracts
Samples: CML Offitbank Separate Account, Cm Multi Account A, Cm Multi Account A
Death of Annuitant. Upon the death of the an Annuitant, who is not a Contract the Cerxxxxxxxx Owner, during the Accumulation Period, the Contract Certificate Owner may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Certificate Owner will become the Annuitant. If the Contract Certificate Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Certificate Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after during the Annuity DatePeriod, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 2 contracts
Samples: Great American Reserve Insurance Co, Great American Reserve Variable Annuity Account G
Death of Annuitant. Upon the death of the an Annuitant, who is not a Contract the Owner, during the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after during the Annuity DatePeriod, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 1 contract
Samples: Great American Reserve Insurance Co
Death of Annuitant. Upon the death of the an Annuitant, who is not a Contract the Owner, during xxxxxx the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after during the Annuity DatePeriod, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 1 contract
Death of Annuitant. Upon the death of the Annuitantan Xxxxxxxxx, who is not a Contract the Owner, during the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after during the Annuity DatePeriod, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 1 contract
Death of Annuitant. Upon the death of the Annuitant, who is not a Contract OwnerParticipant, during the Accumulation Period, the Contract Owner Participant may designate a new Annuitant, subject to the Company’s 's underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner Participant will become the Annuitant. If the Contract Owner Participant is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner Participant and a new Annuitant may not be designated. Upon the death of the Annuitant on or after the Annuity Date, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s 's death.
Appears in 1 contract
Samples: Massachusetts Mutual Variable Annuity Separate Account 4
Death of Annuitant. Upon the death of the Annuitant, who is not a Contract Owner, during the Accumulation Period, the Contract Owner may designate a new Annuitant, subject to the Company’s underwriting rules then in effect. If no designation is made within 30 days of the death of the Annuitant, the Contract Owner will become the Annuitant. If the Contract Owner is a non-natural person, the death of the Annuitant will be treated as the death of the Contract Owner and a new Annuitant may not be designated. Upon the death of the Annuitant on or after the Annuity Date, the death benefit, if any, will be as specified in the Annuity Option elected. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant’s death.. PAYMENT OF DEATH BENEFIT The Company will require due proof of death before any death benefit is paid. Due proof of death will be:
Appears in 1 contract
Samples: Massachusetts Mutual Variable Annuity Separate Account 4