SUCCESSION IN INTEREST OF BENEFICIARIES. The rights and benefits that a beneficiary becomes entitled to under the contract are shared equally among all surviving direct beneficiaries, if any, otherwise equally among all surviving contingent beneficiaries, if any, otherwise to the Owner or the Owner's Estate.
Appears in 18 contracts
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
SUCCESSION IN INTEREST OF BENEFICIARIES. The rights and benefits that a beneficiary becomes entitled to under the contract are shared equally among all surviving direct beneficiaries, if any, otherwise equally among all surviving contingent beneficiaries, if any, otherwise to the Owner or the Owner's ’s Estate.
Appears in 6 contracts
Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity (NML Variable Annuity Account B)
SUCCESSION IN INTEREST OF BENEFICIARIES. The rights and benefits that a beneficiary becomes entitled to under the contract Contract are shared equally among all surviving direct beneficiaries, if any, otherwise equally among all surviving contingent beneficiaries, if any, otherwise to the Owner or the Owner's ’s Estate.
Appears in 4 contracts
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)
SUCCESSION IN INTEREST OF BENEFICIARIES. The rights and benefits that a beneficiary becomes entitled to under the contract are shared snared equally among all surviving direct beneficiaries, if any, otherwise equally among all surviving contingent beneficiaries, if any, otherwise to the Owner or the Owner's ’s Estate.
Appears in 1 contract
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
