DEATH ON OR AFTER THE ANNUITY COMMENCEMENT DATE. If provided under the annuity option You select, We pay a Death Benefit after the Annuity Commencement Date to the Beneficiary. If the Annuitant dies, the Contract Owner will be the Beneficiary, and the rights of the designated Beneficiary are voided. If the Annuitant who is also the Contract Owner dies, the designated Beneficiary will be the Beneficiary. If the Contract Owner dies, and the Annuitant is living, the designated Beneficiary will become the Contract Owner.
Appears in 8 contracts
Samples: Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Individual Flexible (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven)
DEATH ON OR AFTER THE ANNUITY COMMENCEMENT DATE. If provided under the annuity option You selectContract Owner dies, We pay a Death Benefit after and the Annuity Commencement Date to Annuitant is living, the Beneficiarydesignated Beneficiary will become the Contract Owner. If the Annuitant dies, the Contract Owner will be the Beneficiary. If a Death Benefit is triggered, and the rights of the designated Beneficiary are voided. If the Annuitant who is also the Contract Owner dies, the designated Beneficiary will be the Beneficiary. If The Death Benefit will be calculated as of the Contract Owner dies, and date We receive written notification of Due Proof of Death as in the Annuitant is living, manner described in the designated Beneficiary will become the Contract Ownersettlement option then in effect.
Appears in 3 contracts
Samples: Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Annuity Contract (Hartford Life Insurance Co Separate Account Two)
DEATH ON OR AFTER THE ANNUITY COMMENCEMENT DATE. If provided under the annuity option You selectContract Owner dies, We pay a Death Benefit after and the Annuity Commencement Date to Annuitant is living, the Beneficiarydesignated Beneficiary will become the Contract Owner. If the Annuitant dies, the Contract Owner will be the Beneficiary. If a Death Benefit is payable, and the rights of the designated Beneficiary are voided. If the Annuitant who is also the Contract Owner dies, the designated Beneficiary will be the Beneficiary. If The Death Benefit will be calculated as in the Contract Owner dies, and manner described in the Annuitant settlement option then in effect as of the date written notification of Due Proof of Death is living, received by the designated Beneficiary will become the Contract OwnerCompany.
Appears in 2 contracts
Samples: Talcott Resolution Life Insurance Co Separate Account Two, Hartford Life Insurance Co Separate Account Two
