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: Flexible Premium Deferred Variable Annuity Contract (SBL Variable Annuity Account Xvii), Flexible Premium Deferred Variable Annuity Contract (Variflex Ls), Flexible Premium Deferred Variable Annuity Contract (SBL Variable Annuity Account Xvii)

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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: Flexible Premium Deferred Variable Annuity Contract (Variable Annuity Account A), Flexible Premium Deferred Variable Annuity Contract (Variable Annuity Account A), Flexible Premium Deferred Variable Annuity Contract (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: Flexible Premium Deferred Variable Annuity Contract (Price T Rowe Variable Annuity Account), Flexible Premium Deferred Variable Annuity Contract (Price T Rowe Variable Annuity Account)

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: Annuity Contract (Parkstone Variable Annuity Account)

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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: Group Flexible Premium Deferred Variable Annuity Contract (Variflex)

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