Death of the Annuitant. If the Annuitant, who is not a Certificate Holder, dies on or before the Annuity Date, a new Annuitant may be named. If no Annuitant is named, the Certificate Holder will be the Annuitant. If the Annuitant dies after the Annuity Date, the death benefit, if any, will be payable to the Beneficiary as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death.
Appears in 6 contracts
Samples: Group Annuity Certificate (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Variable, Fixed or Combination Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Variable, Fixed or Combination Annuity Contract (Variable Annuity Account I of Aetna Insurance Co of America)
Death of the Annuitant. If the Annuitant, who is not a Certificate the Contract Holder, dies on or before the Annuity Date, a new Annuitant may be named. If no Annuitant is named, the Certificate Contract Holder will be the Annuitant. If the Annuitant dies after the Annuity Date, the death benefit, if any, will be payable to the Beneficiary as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death.
Appears in 2 contracts
Samples: Individual Variable, Fixed or Combination Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Individual Variable, Fixed or Combination Annuity Contract (Variable Annuity Account I of Aetna Insurance Co of America)
Death of the Annuitant. If the Annuitant, who is not a Certificate Contract Holder, dies on or before the Annuity Date, a new Annuitant may be named. If no Annuitant is named, the Certificate Contract Holder will be the Annuitant. If the Annuitant dies after the Annuity Date, the death benefit, if any, will be payable to the Beneficiary as specified in the Annuity Option elected. We will require proof of the Annuitant's death. Death benefits will be paid at least as rapidly as under the method of distribution in effect at the Annuitant's death.
Appears in 1 contract
Samples: Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
