Common use of The Death Benefit Clause in Contracts

The Death Benefit. If any Owner (or, if the Owner is not a natural person, any Annuitant) dies before the Maturity Date, the Death Benefit is payable to the Beneficiary as determined under Section 3.4.

The Death Benefit. If any Owner (or, if the Owner is not a natural person, any Annuitant) dies before the Maturity Annuity Commencement Date, the Death Benefit is payable to the Beneficiary as determined under Section 3.4.