Common use of Death of Owner Clause in Contracts

Death of Owner. If the Owner dies before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If the Owner dies before the sole surviving Annuitant and before the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

Appears in 12 contracts

Samples: Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Read Your Contract Carefully (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)

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Death of Owner. If the any Owner dies before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Standard Death Benefit Amount as of the Notice Date. If the any Owner dies before the sole surviving Annuitant and before the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

Appears in 8 contracts

Samples: Read Your Contract (Separate Account a of Pacific Life & Annuity Co), Read Your Contract (Separate Account a of Pacific Life & Annuity Co), Read Your Contract (Separate Account a of Pacific Life Insurance Co)

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount Contract Value as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first person among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceedsalive following your death:

Appears in 5 contracts

Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount Contract Value as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity or corporation entitled to receive the death benefit proceeds:

Appears in 4 contracts

Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

Appears in 4 contracts

Samples: Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co

Death of Owner. If the any Owner dies before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If the any Owner dies before the sole surviving Annuitant and before the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceeds:

Appears in 4 contracts

Samples: Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Your Contract Carefully (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount Contract Value as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first person among the following who is (1) living; or (2) an entity or corporation entitled to receive the death benefit proceeds:

Appears in 4 contracts

Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co

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Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity entitled designated to receive the death benefit proceeds:

Appears in 2 contracts

Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life & Annuity Co

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount Contract Value as of the Notice Date. If there is a Joint Owner, the death benefit proceeds will be payable upon the death of the first Owner, unless the Joint Owner dies before is the surviving spouse and such spouse is also the sole surviving Beneficiary. If you die while the Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first person among the following who is (1) living; or (2) an entity entitled to receive the death benefit proceedsalive following your death:

Appears in 2 contracts

Samples: Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co

Death of Owner. If you are not the Owner dies Annuitant and you die before the sole surviving Annuitant and before the Annuity Date, the death benefit proceeds will be equal to the Death Benefit Amount as of the Notice Date. If you die while the Owner dies before the sole surviving Annuitant is living and before prior to the Annuity Date, we will pay the death benefit proceeds to the first among the following who is (1) living; or (2) an entity or corporation entitled to receive the death benefit proceeds:

Appears in 2 contracts

Samples: Your Contract Carefully (Separate Account a of Pacific Life Insurance Co), Separate Account a of Pacific Life & Annuity Co

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