Common use of Issue Age Clause in Contracts

Issue Age. The age of the Owner on their last birthday before the Issue Date. If the Owner is a non-natural entity, the Issue Age will be based on the age of the Annuitant on the last birthday before the Issue Date. The Annuitant’s Issue Age is shown on the Specifications Page.

Appears in 2 contracts

Sources: Insurance Contract (Midland National Life Insurance Co), Insurance Contract (Midland National Life Separate Account C)