Common use of SUCCESSOR OWNER Clause in Contracts

SUCCESSOR OWNER. In some cases, the spouse of a Participant may succeed to the ownership of his or her interest in this Contract after the death of the Participant. Specifically, if a Participant dies before the Annuity Commencement Date and his or her spouse is his or her sole surviving Beneficiary, the spouse will become the successor owner of his or her interest if:

Appears in 2 contracts

Samples: Annuity Investors Variable Account B, Annuity Investors Variable Account B

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SUCCESSOR OWNER. In some cases, the spouse of a Participant may succeed to the ownership of his or her the interest of a Participant in this Contract after the death of the Participant. Specifically, if a the Participant dies before the his or her Annuity Commencement Date and his or her the spouse is his or her the sole surviving Beneficiary, the spouse will become the successor owner of his or her the Participant’s interest if:

Appears in 2 contracts

Samples: Annuity Investors Variable Account B, Annuity Investors Variable Account B

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SUCCESSOR OWNER. In some cases, the spouse of a Participant may succeed to the ownership of his or her the interest of a Participant in this Contract after the death of the Participant. Specifically, if a Participant dies before the his or her Annuity Commencement Date and his or her the spouse is his or her the sole surviving Beneficiary, the spouse will become the successor owner of his or her the Participant’s interest if:

Appears in 1 contract

Samples: Annuity Investors Variable Account C

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