the Contract Value. 3. the greatest Contract Value at any seventh Contract Anniversary reduced proportionally by any surrenders subsequent to that Contract Anniversary in the same proportion that the Contract Value was reduced on the date of a surrender, plus any Premium paid subsequent to that Contract Anniversary. The surviving Joint Owner or Beneficiary may elect one of the following Death Benefit payment options to be paid as follows:
Appears in 4 contracts
Samples: Variable Separate Account Nine, Variable Separate Account Nine, Variable Separate Account Nine
