Common use of Designated Beneficiary Clause in Contracts

Designated Beneficiary. Upon the death of the Owner or Joint Owner, the Designated Beneficiary will be the first person on the following list who is alive on the date of death:

Appears in 46 contracts

Samples: SBL Variable Annuity Account Xvii, SBL Variable Annuity Account Xvii, Variflex Ls

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Designated Beneficiary. Upon the death of the Owner or Joint Owner, the Designated Beneficiary will be the first person on the following list who who, if a natural person, is alive on the date of death:

Appears in 8 contracts

Samples: Contract Anniversary (Variable Annuity Account A), First Security Benefit Life (Variable Annuity Account B), First Security Benefit Life (Variable Annuity Account B)

Designated Beneficiary. Upon the death of the Owner or Joint Owner, the Designated Beneficiary will be the first person on the following list who is alive on the date of death:: 1. Owner; 2.

Appears in 2 contracts

Samples: Price T Rowe Variable Annuity Account, Price T Rowe Variable Annuity Account

Designated Beneficiary. Upon the death of the Owner or Joint OwnerParticipant, the Designated Beneficiary will be the first person on the following list who is alive on the date of death:

Appears in 1 contract

Samples: Variflex

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Designated Beneficiary. Upon the first death of the Owner or Joint Owner, the Designated Beneficiary will be the first person on the following list who is alive on the date of death:

Appears in 1 contract

Samples: Parkstone Variable Annuity Account

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