Common use of If Annuitant Dies Before Annuity Commencement Date Clause in Contracts

If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while the Owner is living, and before the Annuity Commencement Date, the death benefit provided under the Contract will be paid to the Beneficiary unless there is a surviving Contingent Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Individual Flexible Premium Variable Deferred Annuity (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)

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If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant Dies before the Annuity Commencement Date, the death benefit provided under the Contract will be paid continue. If no Contingent Annuitant has been named, the Owner will become the Annuitant, provided however, that the Owner may designate a new Annuitant pursuant to the Beneficiary unless there is a surviving Contingent AnnuitantSections 2.08 and 2.09. If a Contingent Xxxxxxxxx Annuitant was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account)

If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant dies before the Annuity Commencement Date, the death benefit provided under the Contract will be paid to continue. If no Contingent Annuitant has been named, the Beneficiary unless there Owner (or the Grantor if the Trust is a surviving Contingent Grantor Trust) will become the Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account)

If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit provided under the Contract will be paid to payable. If no Contingent Annuitant has been named, the Beneficiary unless there is a surviving Contingent Owner will become the Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Annuity Contract (Variable Annuity 1 Series Account)

If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant Dies before the Annuity Commencement Date, the death benefit provided under the Contract will be paid continue. If no Contingent Annuitant has been named, the Owner will become the Annuitant, provided however, that the Owner may designate a new Annuitant pursuant to the Beneficiary unless there is a surviving Contingent AnnuitantSections 2.08 and 2.09. J555 If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Individual Flexible Premium Variable Annuity (Varifund Variable Annuity Account)

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If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit provided under the Contract will be paid to payable. If no Contingent Annuitant has been named, the Beneficiary unless there is a surviving Contingent Owner will become the Annuitant. If a Contingent Xxxxxxxxx was Annuixxxx xxx named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Annuity Contract (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)

If Annuitant Dies Before Annuity Commencement Date. Upon the death of the Annuitant while If the Owner is living, living and the Annuitant Dies before the Annuity Commencement Date, the death benefit provided under the Contract will be paid to continue. If no Contingent Annuitant has been named, the Beneficiary unless there is a surviving Contingent Owner will become the Annuitant. If a Contingent Xxxxxxxxx was named by the Owner prior to the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while the Owner and Contingent Annuitant are living, no death benefit will be payable by reason of the Annuitant’s death and the Contingent Annuitant will become the Annuitant.

Appears in 1 contract

Samples: Individual Flexible Premium Variable Annuity (Variable Annuity-2 Series Account of Great-West Life & Annuity Ins. Co.)

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