Common use of Interest on Death Benefit Clause in Contracts

Interest on Death Benefit. We will accrue interest on the Death Benefit payable under this Contract as required by law. Such interest, if any, is added to the Death Benefit Value to be paid.

Appears in 11 contracts

Samples: Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Annuity Contract (Massmutual Ascend Life Insurance Co)

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Interest on Death Benefit. We will accrue interest on the Death Benefit payable under this Contract contract as required by lawthe laws of the state where this contract was delivered or issued for delivery. Such interest, if any, is accrued interest will be added to the Death Benefit Value to be paid.

Appears in 2 contracts

Samples: Modified Single Premium Individual Deferred Annuity (Gainbridge Life Insurance Co), Modified Single Premium Individual Deferred Annuity (Gainbridge Life Insurance Co)

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Interest on Death Benefit. We will accrue interest on the a Death Benefit payable under this Contract as required by law. Such interest, if any, is will be added to the Death Benefit Value to be when paid.

Appears in 1 contract

Samples: Group Flexible Premium Deferred Variable Annuity Contract (Annuity Investors Variable Account C)

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