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Common use of DEATH OF BENEFICIARY Clause in Contracts

DEATH OF BENEFICIARY. If all of the Beneficiaries and contingent Beneficiaries die prior to the Certificate Holder's death, We pay the death benefit in one sum to the Certificate Holder's estate.

Appears in 6 contracts

Samples: Group Variable, Fixed or Combination Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Annuity Certificate (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

DEATH OF BENEFICIARY. If all of the Beneficiaries and contingent Beneficiaries die prior to the Certificate Holder's death, We pay the death benefit in one sum to the Certificate Holder's estate. If the Certificate Holder is a nonnatural person, and all of the Beneficiaries and contingent Beneficiaries die prior to the Annuitant's death, We will pay the death benefit in one sum to the Certificate Holder.

Appears in 3 contracts

Samples: Group Annuity Certificate (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Group Annuity Coverage Certificate (Variable Annuity Account I of Aetna Insurance Co of America), Group Annuity Coverage Certificate (Variable Annuity Account I of Aetna Insurance Co of America)

DEATH OF BENEFICIARY. If all of the Beneficiaries and contingent Beneficiaries die prior to the Certificate Contract Holder's death, We pay the death benefit in one sum to the Certificate Contract Holder's estate.

Appears in 3 contracts

Samples: Individual Variable, Fixed or Combination Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Individual Variable, Fixed or Combination Annuity Contract (Variable Annuity Account I of Aetna Insurance Co of America)