Common use of Succession Under Payment Plans Clause in Contracts

Succession Under Payment Plans. A direct or contingent beneficiary who succeeds to an interest in a payment plan will continue under the terms of the plan.

Appears in 7 contracts

Samples: Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Northwestern Mutual Variable Life Account)

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Succession Under Payment Plans. A direct or contingent beneficiary who succeeds to an interest in a payment plan will continue under the terms of the plan.. QQV.ACCT.A.B

Appears in 3 contracts

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)

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Succession Under Payment Plans. A direct or contingent beneficiary who succeeds to an interest in a payment plan will continue under the terms of the plan.. QQV.ACCT.A.D

Appears in 1 contract

Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)

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