SUCCESSIVE BENEFICIARIES. If an Owner dies, and the surviving Joint Owner is the surviving Spouse of the deceased Owner, the surviving Spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If there is no surviving Joint Owner, and no named Beneficiary is alive at the time of an Owner’s death, any benefits payable will be paid to the Owner’s estate.
Appears in 17 contracts
Samples: Annuity Contract (Great West Life & Annuity Insurance Co), Annuity Contract (Variable Annuity-2 Series Account), Annuity Contract (Variable Annuity-2 Series Account)
SUCCESSIVE BENEFICIARIES. If an Owner dies, dies and the surviving Joint joint Owner is the surviving Spouse of the deceased Owner, the surviving Spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If there is no surviving Joint joint Owner, and no named Beneficiary is alive at the time of an Owner’s death, any benefits payable will be paid to the Owner’s estate.
Appears in 7 contracts
Samples: Annuity Contract (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny), Annuity Contract (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny), Annuity Contract (Variable Annuity 1 Series Account)
SUCCESSIVE BENEFICIARIES. If an Owner dies, and the surviving Joint Owner is the surviving Spouse spouse of the deceased Owner, the surviving Spouse spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If there is no surviving Joint Owner, and no named Beneficiary is alive at the time of an Owner’s 's death, any benefits payable will be paid to the Owner’s 's estate.
Appears in 2 contracts
Samples: Flexible Premium Variable Annuity (Variable Annuity 1 Series Account), Flexible Premium Fixed Deferred Group Annuity Master Contract (First Great West Life & Annuity Insurance Co)
SUCCESSIVE BENEFICIARIES. If an Owner dies, and the surviving Joint Owner is the surviving Spouse of the deceased Owner, the surviving Spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If ILVA-Core 10 Table of Contents there is no surviving Joint Owner, and no named Beneficiary is alive at the time of an Owner’s death, any benefits payable will be paid to the Owner’s estate.
Appears in 1 contract
Samples: Annuity Contract (Great West Life & Annuity Insurance Co)
SUCCESSIVE BENEFICIARIES. If an Owner dies, and the surviving Joint Owner is the surviving Spouse spouse of the deceased Owner, the surviving Spouse spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If there is no surviving Joint Owner, and no named Beneficiary is alive at the time of an Owner’s death, any benefits payable will be paid to the Owner’s estate.
Appears in 1 contract
Samples: Flexible Premium Variable Annuity (Variable Annuity I Ser Acc of Fir GRT West Li & Annu Ins Co)
SUCCESSIVE BENEFICIARIES. If an Owner dies, and the surviving Joint Owner is the surviving Spouse spouse of the deceased Owner, the surviving Spouse spouse will become the Beneficiary and may take the death benefit or elect to continue this Contract in force. If there is no surviving Joint Owner, Owner and no named Beneficiary is alive at the time of an Owner’s death, any benefits payable will be paid to the Owner’s estate.
Appears in 1 contract
