PRIMARY AND SECONDARY BENEFICIARIES. The Primary Beneficiary and any Secondary Beneficiary are named on page 3. The Owner may change any Beneficiary as described in "Ownership and Beneficiary Changes" below. If the Primary Beneficiary dies prior to the Owner, the Secondary Beneficiary becomes the Primary Beneficiary. Unless the Owner directs otherwise, when there are two or more Primary Beneficiaries, they will receive equal shares.
Appears in 7 contracts
Samples: Flexible Premium Deferred Variable Annuity Contract (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Flexible Premium Deferred Variable Annuity Contract (Price T Rowe Var an Acct of Fir Sec Ben Lif Ins&ann Co of Ny), Flexible Premium Deferred Variable Annuity Contract (Price T Rowe Variable Annuity Account)
PRIMARY AND SECONDARY BENEFICIARIES. The Primary Beneficiary and any Secondary Beneficiary are is named on page 3. The Owner may change any Beneficiary as described in "Ownership and Beneficiary Changes" below. If the Primary Beneficiary dies prior to the Owner, the Secondary Beneficiary becomes the Primary Beneficiary. Unless the Owner directs otherwise, when there are two or more Primary Beneficiaries, they will receive equal shares.
Appears in 7 contracts
Samples: Flexible Premium Deferred Variable Annuity Contract (Variflex Ls), Flexible Premium Deferred Variable Annuity Contract (Variflex Ls), Flexible Premium Deferred Variable Annuity Contract (Variflex Ls)