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Common use of DEATH BENEFIT IF ANNUITANT IS NOT AN OWNER Clause in Contracts

DEATH BENEFIT IF ANNUITANT IS NOT AN OWNER. If the Annuitant is not an Owner, upon the death of the Annuitant the contract continues with the Contingent Annuitant (Section 6.5)

Appears in 10 contracts

Sources: Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A)

Related Clauses

  • ANNUITANT
  • Death of Annuitant
  • Death Benefit
  • Domestic Partners; Spouses; Gender Discrimination
  • CONTINGENT ANNUITANT

Parent Clauses

  • Benefits
  • SEPARATE ACCOUNT
  • Effective Date
  • PROCESSING REQUIREMENTS
  • Payment Plans

Sub-Clauses

  • TRUSTEE AS BENEFICIARY
  • SUCCESSION IN INTEREST OF BENEFICIARIES
  • NAMING AND CHANGING OF BENEFICIARIES
  • CONVERSION OF INVESTMENT ACCOUNTS
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