Due Diligence for Property Due. (a) Upon An Event of Death Under Life Insurance Policies (including Group Life Insurance Certificates Issued Thereunder), Annuity Contracts, or Retained Asset Accounts;
Due Diligence for Property Due. (a) Upon Annuity Contracts Reaching the Maturity Date; and (b) Upon an Endowment Policy With a Maturity Age of 75 or Less Reaching Maturity Age Company shall send one or more notification letters to, and may otherwise attempt to notify, the Beneficiary. If there is no response to a notification letter within 180 days (six months) after the initial notification letter is sent and the property is not paid to the Beneficiary in accordance with the terms of the Agreement, the property shall be subject to the reporting and remittance process described in Sections IV.B and V below. At least one letter shall be sent to the last known address on Company's books and records, as of the time it receives the UPR, for the Beneficiary. If at any time prior to the expiration of the 180 day period described above, Company determines that the Beneficiary cannot be located, the property shall be subject to the reporting and remittance process described in Sections IV.B and V below.
Due Diligence for Property Due. (a) Upon Annuity Contracts Reaching the Maturity Date; (b) Under Variable Life Insurance Policies (including Group Life Insurance Certificates Issued Thereunder) and Variable Annuity Contracts; and (c) Upon an Endowment Policy With a Maturity Age of 75 or Less Reaching Maturity Age Company shall send one or more notification letters to, and may otherwise attempt to notify, the Beneficiary. If there is no response to a notification letter within 180 days (six months) after the initial notification letter is sent and the property is not paid to the Beneficiary in accordance with the terms of the Agreement, the property shall be subject to the reporting and remittance process described in Sections IV.B and V below. At least one letter shall be sent to the last known address on Company's books and records, as of the time it receives the UPR, for the Beneficiary. If at any time prior to the expiration of the 180 day period described above, Company determines that the Beneficiary cannot be located, the property shall be subject to the reporting and remittance process described in Sections IV.B and V below.
Due Diligence for Property Due. Upon Annuity Contracts Reaching the Maturity Date The Company shall send one or more notification letters to, and may otherwise attempt to notify, the Annuity Contract owner. At least one letter shall be sent to the last known address on the Company’s books and records, as of the time it receives the UPR, for the Annuity Contract owner. If there is no response to a notification letter within 180 days from the end of the review period described in Section II. above and the Owner has not elected a payment option or expressed an interest in the Property, the property shall be subject to the reporting and remittance process described in Section III.B. below. If at any time prior to the expiration of the 180 day period described above the Company determines that the owner cannot be located, the property shall be subject to the reporting and remittance process described in Section III.B. below.
