Common use of Primary Annuitant Clause in Contracts

Primary Annuitant. The individual that is named in the Contract, the events in the life of whom are of primary importance in affecting the timing or amount of the payout under the Contract. Purchase Payment – An amount paid to us, by or on behalf of an Owner, as consideration for the benefits provided under this Contract.

Appears in 8 contracts

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co), Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

AutoNDA by SimpleDocs

Primary Annuitant. The individual that is named in the Contract, the events in the life of whom are of primary importance in affecting the timing or amount of the payout under the Contract. Purchase Payment – An amount paid to us, by or on behalf of an Owner, as consideration for the benefits provided under this Contract.

Appears in 6 contracts

Samples: Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life & Annuity Co)

Primary Annuitant. The individual that is named in the Contract, the events in the life of whom are of primary importance in affecting the timing or amount of the annuity payments or payout under the Contract. Purchase Payment – An amount paid to us, by or on behalf of an Owner, as consideration for the benefits provided under this Contract.

Appears in 2 contracts

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Annuity Contract (Separate Account a of Pacific Life & Annuity Co)

AutoNDA by SimpleDocs

Primary Annuitant. The individual that is named in the Contract, the events in the life of whom are of primary importance in affecting the timing or amount of the payout under the Contract. Purchase Payment – An amount paid to us, us by or on behalf of an Owner, Owner as consideration for the benefits provided under this Contract.

Appears in 1 contract

Samples: Insurance Contract (Separate Account a of Pacific Life Insurance Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!