Common use of DEATH OF OWNER AFTER THE INCOME DATE Clause in Contracts

DEATH OF OWNER AFTER THE INCOME DATE. If the Owner or any Joint Owner, who is not an Annuitant, dies after the Income Date, any remaining payments under the income option elected will continue at least as rapidly as under the method of distribution in effect at the Owner's death. Upon the Owner's death after the Income Date, the Beneficiary becomes the Owner.

Appears in 16 contracts

Samples: Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jackson National Separate Account - I)

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DEATH OF OWNER AFTER THE INCOME DATE. If the Owner or any Joint Owner, who is not an Annuitant, dies after the Income Date, any remaining payments under the income option elected will continue at least as rapidly as under the method of distribution in effect at the Owner's ’s death. Upon the Owner's ’s death after the Income Date, the Beneficiary becomes the Owner.

Appears in 2 contracts

Samples: Annuity Contract (Jnlny Separate Account I), Annuity Contract (Jnlny Separate Account I)

DEATH OF OWNER AFTER THE INCOME DATE. If the Owner Owner, or any Joint Owner, who is not an Annuitant, dies after the Income Date, and the Owner is not an Annuitant, any remaining payments under the income option elected will continue at least as rapidly as under the method of distribution in effect at the Owner's death. Upon the Owner's death after the Income Date, the Beneficiary becomes the Owner.

Appears in 1 contract

Samples: Annuity Contract (Jackson National Separate Account Iii)

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DEATH OF OWNER AFTER THE INCOME DATE. If the Owner or any Joint Owner, who is not an the Annuitant, dies after the Income Date, any remaining payments under the income option elected will continue at least as rapidly as under the method of distribution in effect at the Owner's death. Upon the Owner's death after the Income Date, the Beneficiary becomes the Owner.. DEATH OF

Appears in 1 contract

Samples: Annuity Contract (Jnlny Separate Account I)

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