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

If Annuitant Dies Before Annuity Commencement Date. If the Owner is living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit will be payable. If no Contingent Annuitant has been named, the Owner will become the Annuitant. If a Contingent Annxxxxxx xxs 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.

If Annuitant Dies Before Annuity Commencement Date. If the Owner is living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit will be payable. If no Contingent Annuitant has been named, the Owner will become (or the Annuitant. If a Contingent Annxxxxxx xxs named by Grantor if the Owner prior to is a Grantor Trust, or the Annuitant’s death, and the Annuitant dies before the Annuity Commencement Date, while Underlying XXX xxxxxx if the Owner and Contingent Annuitant are living, no death benefit will be payable by reason is the Custodian or Trustee of the Annuitant’s death and the Contingent Annuitant an IRA account) will become the Annuitant.

If Annuitant Dies Before Annuity Commencement Date. If the Owner is living and the Annuitant dies before the Annuity Commencement Date, the Contract will continue and no death benefit will be payable. If no Contingent Annuitant has been named, the Owner will become (or the Annuitant. If a Contingent Annxxxxxx xxs named by Grantor if 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 is a Grantor Trust) will become the Annuitant.