Examples of Continuation Date in a sentence
If We receive (a) and (b) on different dates, the Continuation Date will be the later date.
The original deceased Owner's surviving spouse who is designated as the primary Beneficiary at the time of the Owner's death and may continue the Contract as the Owner on the Continuation Date.
If the Contract Value on the Continuation Date is less than the death benefit, an amount will be added to the Contract Value to make up the difference.
The date that the Company receives the spouse's written request to continue the Contract, under this Special Spousal Continuation Option, and proof of the death of the Contract Owner in Good Order will be referred to as the Continuation Date.
Any future death benefit, including an enhanced death benefit, if any, will be determined on that basis and will use the age of the surviving spouse on the Continuation Date.