Death of the Annuitant. On the death of the Annuitant, the funds in the LIF shall be paid to the survivor of the Annuitant by: a) transferring the funds to another LIF or to a Restricted LIF; b) using the funds to purchase an Life Annuity; or c) transferring the funds to a Locked-In RRSP.
Appears in 3 contracts
Samples: Account Terms and Conditions, Account Terms and Conditions, Account Terms and Conditions
Death of the Annuitant. On the death of the Annuitant, the funds in the LIF Fund shall be paid to the survivor of the Annuitant by:
a) transferring the funds to another Restricted LIF or to a Restricted LIF;
, b) using the funds to purchase an Life Annuity; or
c) transferring the funds to a Locked-In in RRSP or to a Restricted Locked-in RRSP., or
Appears in 2 contracts
Samples: Account Terms and Conditions, Account Terms and Conditions
Death of the Annuitant. On the death of the Annuitant, the funds in the LIF Fund shall be paid to the survivor of the Annuitant Survivor by:
a) transferring the funds to another Restricted LIF or to a Restricted LIF;
, b) using the funds to purchase an Life Annuity; or
c) transferring the funds to a Locked-In in RRSP or to a Restricted Locked- in RRSP, or
c) using the funds to purchase a Life Annuity.
Appears in 1 contract
Samples: Restricted Life Income Fund Addendum
Death of the Annuitant. On the death of the Annuitant, the funds in the LIF Fund shall be paid to the survivor of the Annuitant Survivor by:
a) transferring the funds to another LIF or to a Restricted LIF;
b) using the funds to purchase an Life Annuity; or
c) transferring the funds to a Locked-In in RRSP; or
c) using the funds to purchase a Life Annuity.
Appears in 1 contract
Samples: Life Income Fund Addendum
