Common use of OWNER AND BENEFICIARY Clause in Contracts

OWNER AND BENEFICIARY. Owner The Owner of the Policy is named in the Application (see copy attached); but the Owner can be changed. The new Owner will succeed to all rights of the Owner, including the right to make a further change of Owner. At the death of the Owner, his or her estate will be the Owner, unless a successor Owner has been named. In this Policy "

Appears in 2 contracts

Samples: Variable Life Insurance Policy (New England Variable Life Separate Account), Variable Life Insurance Policy (New England Variable Life Separate Account)

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OWNER AND BENEFICIARY. Owner The Owner of the Policy is named in the Application (see copy attached); but but, the Owner can be changed. The new Owner will succeed to all rights of the Owner, including the right to make a further change of Owner. At the death of the Owner, his or her estate will be the Owner, unless a successor Owner has been named. In this Policy "

Appears in 1 contract

Samples: Variable Life Policy (New England Variable Life Separate Account)

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OWNER AND BENEFICIARY. Owner The Owner of the Policy is named in the Application Application. (see See copy attached); but .) However, the Owner can be changedchanged from time to time. The new Owner will succeed to all rights of the Owner, including the right to make a further change of Owner. At the death of the Owner, his or her estate will be the Owner, unless a successor Owner has been named. In this Policy "

Appears in 1 contract

Samples: Variable Life Insurance Policy (New England Variable Life Separate Account)

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