Common use of Impact of Divorce Clause in Contracts

Impact of Divorce. If a Designated Life is removed from the contract due to a divorce (or a qualified dissolution order) and no withdrawals have been taken, the benefits provided by this rider will be adjusted, as necessary, based on the age of the remaining Designated Life. The rider charge and all terms of this rider will continue to be based on a joint rider even though benefits are provided for only one Designated Life.

Impact of Divorce. If a Designated Life is removed from the contract due to a divorce (or a qualified dissolution order) and no withdrawals have been taken, the benefits provided by this rider will be adjusted, as necessary, based on the age of the remaining Designated Life. The rider charge and all terms of this rider will continue to be based on a joint rider even though benefits are provided for only one Designated Life.

Impact of Divorce. If a Designated Life is removed from the contract due to a divorce (or a qualified dissolution order) and no withdrawals have been taken, the benefits provided by this rider will be adjusted, as necessary, based on the age of the remaining Designated Life. The rider charge and all terms of this rider will continue to be based on a joint rider even though benefits are provided for only one Designated Life.

Impact of Divorce. If a Designated Life is removed from the contract due to a divorce (or a qualified dissolution order) and no withdrawals have been taken, the benefits provided by this rider will be adjusted, as necessary, based on the age of the remaining Designated Life. Removal of a Designated Life due to a divorce will also cause the Continuation Factor to be applied on the Continuation Date. The rider charge and all terms of this rider will continue to be based on a joint rider even though benefits are provided for only one Designated Life.