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.
Appears in 12 contracts
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)
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: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)
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 2 contracts
Samples: Variable Annuity Contract (NML Variable Annuity Account B), Variable Annuity Contract (NML Variable Annuity Account B)
