Common use of FORM OF BENEFIT - MARRIED Clause in Contracts

FORM OF BENEFIT - MARRIED. OWNER The term married owner shall mean a Contract Owner who has been married to the same spouse for at least the twelve consecutive calendar months immediately preceding the Benefit Commencement Date. Notwithstanding what is stated in the Annuity Payments Section of the contract to the contrary, the form of benefit for a Married Owner shall be a Qualified Joint and 50% Survivor Annuity which is the actuarial equivalent of a life annuity. Election of an optional form of benefit may be made subject to the conditions set forth in Paragraph 6 below.

FORM OF BENEFIT - MARRIED. OWNER Owner The term married owner shall mean a Contract an Owner who has been married to the same spouse for at least the twelve consecutive calendar months immediately preceding the Benefit Commencement Date. Notwithstanding what is stated in the Annuity Payments Section of the contract to the contrary, the The form of benefit for a Married Owner shall be a Qualified Joint and 50% Survivor Annuity which is the actuarial equivalent of a life annuity. Election of an optional form of benefit may be made subject to the conditions set forth in Paragraph 6 below.

FORM OF BENEFIT - MARRIED. OWNER Owner The term married owner shall mean a Contract Owner who has been married to the same spouse for at least the twelve consecutive calendar months immediately preceding the Benefit Commencement Date. Notwithstanding what is stated in the Annuity Payments Section of the contract to the contrary, the form of benefit for a Married Owner shall be a Qualified Joint and 50% Survivor Annuity which is the actuarial equivalent of a single life annuity. Election of , unless the Contract Owner elects an optional form of benefit may be made subject to the conditions set forth in accordance with Paragraph 6 9 below.

FORM OF BENEFIT - MARRIED. OWNER The term married owner shall mean a Contract Owner who has been married to the same spouse for at least the twelve consecutive calendar months immediately preceding the Benefit Commencement Date. Notwithstanding what is stated in the Annuity Payments Section of the contract to the contrary, the form of benefit for a Married Owner shall be a Qualified Joint and 50% Survivor Annuity which is the actuarial equivalent of a single life annuity. Election of , unless the Contract Owner elects an optional form of benefit may be made subject to the conditions set forth in accordance with Paragraph 6 9 below.