Common use of DEATH PAYMENTS Clause in Contracts

DEATH PAYMENTS. If a Participant dies before his Participant's Account has been cancelled, the dollar value will be paid to his Beneficiary (see section 7.6.). Proof of the Participant's death must be received by Prudential before any payment will be made. Death benefits payable under the contract to a Participant's Beneficiary prior to the date (i) on which an annuity has been purchased for the Participant or (ii) on which minimum distributions have commenced to the Participant pursuant to Code Section 401(a)(9) will be paid as set forth in this section 3.2. Death benefits payable under the contract to a Participant's Beneficiary after the date on which an annuity has been purchased or on which minimum distributions have commenced to the Participant pursuant to Code section 401(a) (9) will be paid as set forth in section 4.1. of the contract. The Beneficiary may elect payment in any of the following forms, unless the Participant has directed otherwise or unless the Plan, if any, provides otherwise:

Appears in 2 contracts

Samples: Prudential Variable Contract Account 10, Prudential Variable Contract Account 11

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DEATH PAYMENTS. If a Participant dies before his Participant's Account has Accounts have been cancelled, the dollar value will be paid to his Beneficiary (see section 7.6.). Proof of the Participant's death must be received by Prudential before any payment will be made. Death benefits payable under the contract to a Participant's Beneficiary prior to the date (i) on which an annuity has been purchased for the Participant or (ii) on which minimum distributions have commenced to the Participant pursuant to Code Section 401(a)(9) will be paid as set forth in this section 3.2. Death benefits payable under the contract to a Participant's Beneficiary after the date on which an annuity has been purchased or on which minimum distributions have commenced to the Participant pursuant to Code section 401(a) (9Section 401(a)(9) will be paid as set forth in section 4.1. 4.1 of the contract. The Beneficiary may made elect payment in any of the following forms, unless the Participant has directed otherwise or unless the Plan, if any, provides otherwise:

Appears in 2 contracts

Samples: Prudential Variable Contract Account 24, Prudential Variable Contract Account 24

DEATH PAYMENTS. If a Participant dies before his Participant's Account has been cancelled, the dollar value will be paid to his Beneficiary (see section 7.6.). Proof However, proof of the Participant's death must be received by Prudential before any payment will be made. Death benefits payable under the contract to a Participant's Beneficiary prior to the date (i) on which an annuity has been purchased for the Participant or (ii) on which minimum distributions have commenced to the Participant pursuant to Code Section 401(a)(9) will be paid as set forth in this section 3.2. Death benefits payable under the contract to a Participant's Beneficiary on or GVA-1000 (as modified by Group Annuity Amendment Form GAA-7793) Serial 300 3.1-3.2 after the date on which an annuity has been purchased for the Participant or on which minimum distributions have commenced to the Participant pursuant to Code section 401(a) (9Section 401(a)(9) will be paid as set forth in section 4.1. 4.1 of the contract. The Beneficiary may elect payment in any of the following forms, unless the Participant has directed otherwise or unless the Plan, if any, provides otherwise:

Appears in 2 contracts

Samples: Prudential Variable Contract Account 10, Prudential Variable Contract Account 11

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DEATH PAYMENTS. If a Participant dies before his Participant's Account Accounts has been cancelled, the dollar value will be paid to his Beneficiary (see section 7.6.). Proof However, proof of the Participant's death must be received by Prudential before any payment will be made. Death benefits payable under the contract to a Participant's Beneficiary prior to the date (i) on which an annuity has been purchased for the Participant or (ii) on which minimum distributions have commenced to the Participant pursuant to Code Section 401(a)(9) will be paid as set forth in this section 3.2. Death benefits payable under the contract to a Participant's Beneficiary on or after the date on which an annuity has been purchased GVA-1000-87(24) (as modified by Group Annuity Amendment Form GAA-7793) Serial 300 3.1-3.2 for the Participant or on which minimum distributions have commenced to the Participant pursuant to Code section 401(a) (9Section 401(a)(9) will be paid as set forth in section 4.1. 4.1 of the contract. The Beneficiary may elect payment in any of the following forms, unless the Participant has directed otherwise or unless the Plan, if any, provides otherwise:

Appears in 1 contract

Samples: Prudential Variable Contract Account 24

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