DEATH OF CONTRACT OWNER DURING THE ANNUITY PERIOD. If the Contract Owner or a Joint Contract Owner, who is not the Annuitant, dies during the Annuity Period, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at such Contract Owner’s death. Upon the death of a Contract Owner during the Annuity Period, the Beneficiary becomes the Contract Owner.
Appears in 10 contracts
Samples: Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4), Individual Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)
DEATH OF CONTRACT OWNER DURING THE ANNUITY PERIOD. If the Contract Owner you, or a any Joint Contract Owner, who is not the Annuitant, dies during the Annuity Period, and you are not an Annuitant, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at such Contract Owner’s 's death. Upon the your death of a Contract Owner during the Annuity Period, the Beneficiary becomes the Contract Owner.
Appears in 5 contracts
Samples: Annuity Contract (Allianz Life Variable Account B), Annuity Contract (Preferred Life Variable Account C), Annuity Contract (Preferred Life Variable Account C)
DEATH OF CONTRACT OWNER DURING THE ANNUITY PERIOD. If the Contract Owner or a Joint Contract Owner, who is not the Annuitant, dies during the Annuity Period, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at such Contract Owner’s 's death. Upon the death of a Contract Owner during the Annuity Period, the Beneficiary becomes the Contract Owner.
Appears in 3 contracts
Samples: Individual Variable Deferred Annuity Contract (CML Offitbank Separate Account), Annuity Contract (Cm Multi Account A), Individual Variable Deferred Annuity Contract (Cm Multi Account A)
DEATH OF CONTRACT OWNER DURING THE ANNUITY PERIOD. If the Contract Owner or a Joint Contract Owner, who is not the Annuitant, dies during the Annuity Period, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at such Contract Owner’s death. Upon the death of a Contract Owner during the Annuity Period, the Beneficiary becomes the Contract Owner.. [page break]
Appears in 1 contract
DEATH OF CONTRACT OWNER DURING THE ANNUITY PERIOD. If the Contract Owner or a Joint Contract Owner, who is not the Annuitant, dies during the Annuity Period, any remaining payments under the Annuity Option elected will continue at least as rapidly as under the method of distribution in effect at such Contract Owner’s death. Upon the death of a the last surviving Contract Owner during the Annuity Period, the Beneficiary becomes the Contract Owner.
Appears in 1 contract
Samples: Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)
