Common use of For Death Benefits by Owner Clause in Contracts

For Death Benefits by Owner. The Owner may name and change the beneficiaries of the Death Benefits while the Annuitant is living. If no such beneficiary is named by the Owner, the Owner or the Owner’s estate will be the direct beneficiary. For Maturity or Death Benefits or Withdrawal Amounts by Spouse (Marital Deduction Provision).

Appears in 12 contracts

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Account B

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For Death Benefits by Owner. The Owner may name and change the beneficiaries of the Death Benefits while the Annuitant is living. If no such beneficiary is named by the Owner, the Owner or the Owner’s 's estate will be the direct beneficiary. For Maturity or Death Benefits or Withdrawal Amounts by Spouse (Marital Deduction Provision).

Appears in 7 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Account A, NML Variable Annuity Account A

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For Death Benefits by Owner. The Owner may name and change the beneficiaries of the Death Benefits while the Annuitant is living. If no such beneficiary is named by the Owner, the Owner or the Owner’s 's estate will be the direct beneficiary. For Maturity or Death Benefits or Withdrawal Amounts by Spouse FOR MATURITY OR DEATH BENEFITS OR WITHDRAWAL AMOUNTS BY SPOUSE (Marital Deduction ProvisionMARITAL DEDUCTION PROVISION).

Appears in 2 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Account B

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