Common use of Minimum Death Benefit Clause in Contracts

Minimum Death Benefit. Any lump sum death payment from this Contract made to a Beneficiary within one year of the Participant's death will be equal to the greatest of : (1) the Participant's Account value as of the date Prudential receives a death benefit payment request in Good Order; (2) the sum of all contributions made to the Participant's Account less withdrawals, transfers and charges; and

Appears in 3 contracts

Sources: Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct), Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct), Group Annuity Contract (Prudential Discovery Select Group Variable Contract Acct)