Common use of DEATH OF OWNER BEFORE THE ANNUITY DATE Clause in Contracts

DEATH OF OWNER BEFORE THE ANNUITY DATE. We will pay a death benefit to the Beneficiary upon Our receiving: (a) due proof that the Owner died before the Annuity Date, (b) an election form specifying the payment option and (c) any other documentation We may require. Unless You have previously designated a payment option on behalf of the Beneficiary, the Beneficiary must select one of the following payment options:

Appears in 4 contracts

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

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DEATH OF OWNER BEFORE THE ANNUITY DATE. We will pay a death benefit to the Beneficiary upon Our receivingreceiving all required documentation including: (a) due proof that the any Owner died before the Annuity Date, ; and (b) an election form specifying selecting the payment option and (c) any other documentation We may requireform the options listed below. Unless You have previously designated a payment option on behalf If no election is received within 60 days of the Beneficiary, the Beneficiary must select one our receipt of the following payment options:due proof of

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 OWNER BEFORE THE ANNUITY DATE. We will pay a death benefit to the Beneficiary upon Our receiving: (a) due proof that the Owner died before the Annuity Date, ; and (b) an election form specifying selecting the payment option and (c) any other documentation We may requiredeath benefit option. Unless You have previously designated a payment option on behalf If no election form is received within 60 days of the Beneficiaryour receipt of due proof of death, the Beneficiary must select one of the following payment options:death benefit

Appears in 1 contract

Samples: Variable Annuity Account Five

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DEATH OF OWNER BEFORE THE ANNUITY DATE. We will pay a death benefit to the Beneficiary upon Our receiving: (a) due proof that the a Owner died before the Annuity Date, ; and (b) an election form specifying selecting the payment option and (c) any other documentation We may requiredeath benefit option. Unless You have previously designated a payment option on behalf If no election form is received within 60 days of the Beneficiaryour receipt of due proof of death, the death benefit will be paid in accordance with death benefit option 1 below. The Beneficiary must select one of the following payment death benefit options:

Appears in 1 contract

Samples: Anchor National Life Insurance Co

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