Examples of DEATH OF PARTICIPANT in a sentence
If the Participant is also the Annuitant and there are no surviving Beneficiaries at the death of the Participant, the death benefit will be paid to the estate of the Participant in accordance with option 1, under DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE.
If two or more persons are named, (a) those surviving the Participant will share equally unless otherwise stated; and (b) the Beneficiaries must elect to receive their respective portions of the death benefit according to the options listed under DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE.
If two or more persons are named: (a) those surviving the Participant will share equally unless otherwise stated; and (b) the Beneficiaries must elect to receive their respective portions of the death benefit according to the options listed under DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE.
DEATH OF PARTICIPANT OR FORMER PARTICIPANT BEFORE RETIREMENT OR TERMINATION.
DEATH OF PARTICIPANT If a Participant dies, his personal representatives shall be entitled to exercise his Options for the twelve-month period following his death.
STOCK OPTIONS Subsection (6) DEATH OF PARTICIPANT - is hereby deleted in its entirety and replaced by the following: (6) Death of a Participant.
BENEFIT ON DEATH OF PARTICIPANT Death Benefit A Death Benefit will be paid under this Certificate if: 1) you die before the Annuity Commencement Date and before your participation interest is fully surrendered; 2) the Death Benefit Valuation Date has occurred; and 3) your spouse does not become the Successor Owner of your participation interest.
DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE If the Participant dies before the Annuity Date, We will have no further liability except as may be provided by the form of the Certificate issued under this Contract or as may be agreed by Us when the Certificate is purchased.
PROCEEDS PAYABLE ON DEATH DEATH OF PARTICIPANT DURING THE ACCUMULATION PERIOD Upon the death of the Participant or a Joint Participant during the Accumulation Period, the death benefit will be paid to the Beneficiary designated by the Participant.
If the Participant is also the Annuitant and there are no surviving Beneficiaries upon Our receipt of all Required Documentation, We will calculate the Death Benefit and it will be paid to the estate of the Participant in accordance with option 1, under DEATH OF PARTICIPANT BEFORE THE ANNUITY DATE.