Common use of DEATH PRIOR TO ANNUITY DATE Clause in Contracts

DEATH PRIOR TO ANNUITY DATE. If an Owner dies prior to the Annuity Date, we will pay the beneficiary the death benefit specified below in a lump sum or, if requested, under an Annuity Option under Section 7.1.3. If the Owner is a non-natural person, then the Annuitant, rather than the Owner will be used to determine the death benefit. The death benefit is determined as of the date we receive Due Proof of Death of the Owner at our Service Center. The death benefit is equal to the greater of:

Appears in 2 contracts

Samples: Merrill Lynch Life Variable Annuity Separate Account C, Merrill Lynch Life Variable Annuity Separate Account A

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DEATH PRIOR TO ANNUITY DATE. If an Owner dies prior to the Annuity Date, we will pay the beneficiary the death benefit specified below below, in a lump sum orsum, or if requested, under an Annuity Option annuity option under Section 7.1.37.1.4. If the Owner is a non-natural person, then the Annuitant, rather than the Owner will be used to determine the death benefit. The death benefit is determined as of the date we receive Due Proof of Death due proof of the Owner Owner's death at our Service Center. The death benefit is equal to the greater of:.

Appears in 2 contracts

Samples: Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A

DEATH PRIOR TO ANNUITY DATE. If an Owner dies prior to the Annuity DateDate (or if there are co-owners, upon the death of the first co-owner), we will pay the beneficiary the death benefit specified below in a lump sum or, if requested, under an Annuity Option under Section 7.1.37.1.4. If the Owner is a non-natural person, then the Annuitant, rather than the Owner will be used to determine the death benefit. The death benefit is determined as of the date we receive Due Proof of Death of the Owner at our Service Center. The death benefit is equal to the greater of:.

Appears in 2 contracts

Samples: Ml of New York Variable Annuity Separate Account C, Ml of New York Variable Annuity Separate Account A

DEATH PRIOR TO ANNUITY DATE. If an Owner dies prior to the Annuity Date, we will pay the beneficiary Beneficiary the death benefit specified below in a lump sum or, if requested, under an Annuity Option under Section 7.1.3. If the Owner is a non-natural person, then the Annuitant, Annuitant rather than the Owner will be used to determine the death benefit. The death benefit is determined as of the date we receive Due Proof of Death of the Owner at our Service Center. The death benefit is equal to the greater of:

Appears in 1 contract

Samples: Merrill Lynch Life Variable Annuity Separate Account D

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DEATH PRIOR TO ANNUITY DATE. If an Owner dies prior to the Annuity Date, we will pay the beneficiary the death benefit specified below in a lump sum or, if requested, under an Annuity Option annuity option under Section 7.1.3. If the Owner is a non-natural person, then "Owner" refers to the Annuitant, rather than the Owner will be used to determine the death benefit. The amount of the death benefit is determined as of the date we receive Due Proof of Death of the Owner at our Service Center. The death benefit is equal to the greater of:

Appears in 1 contract

Samples: Merrill Lynch Life Variable Annuity Separate Account D

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