Common use of The Accumulation Value Clause in Contracts

The Accumulation Value. In the case where a death benefit "step-up" is credited to the Accumulation Value under: a.) spousal continuation, the Net Amount at Risk shall be the "step-up" amount. Reinsurance coverage shall continue after such reimbursement, with the Net Amount at Risk calculated as above. b.) non-spousal continuation, the Net Amount at Risk shall be the "step-up" amount. Reinsurance coverage will terminate after such reimbursement. EXHIBIT A MGDB BENEFIT

Appears in 4 contracts

Samples: Reinsurance Agreement (Golden American Life Insurance Co /Ny/), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Golden American Life Insurance Co /Ny/)

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