Common use of No Beneficiary Named/Surviving Clause in Contracts

No Beneficiary Named/Surviving. If there is no Beneficiary, the present value of any remaining payments will be paid in one sum to the Certificate Holder, or if the Certificate Holder is not living, then to the Certificate Holder's estate.

Appears in 3 contracts

Samples: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Variable Annuity Group Master Contract (Golden American Life Insurance Co /Ny/), Variable Annuity Group Master Contract (Separate Account B of Golden American Life Insurance Co)

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No Beneficiary Named/Surviving. If there is no BeneficiaryBeneficiary under option 2, 3 or 4, the present value of any remaining payments will be paid in one sum to the Certificate Holder, or if the Certificate Holder is not living, then to the Certificate Holder's estate.

Appears in 2 contracts

Samples: Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co), Group Annuity Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

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No Beneficiary Named/Surviving. If there is no BeneficiaryBeneficiary under option 2, 3, or 4, the present value of any remaining payments will be paid in one sum to the Certificate Holder, or if the Certificate Holder is not living, then to the Certificate Holder's estate.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

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