Common use of Misstatement of Age or Death Clause in Contracts

Misstatement of Age or Death. Great-West may require adequate proof of the age and death of the Annuitant, GLWB Elector or Covered Person(s) before processing a Request for GAWs and annuity payments. If the age of the Annuitant, GLWB Elector or Covered Person(s) has been misstated, the Installment or annuity payment established for him or her will be made on the basis or his or her correct age.

Appears in 2 contracts

Sources: Master Group Fixed Deferred Annuity Contract (Great West Life & Annuity Insurance Co), Master Group Fixed Deferred Annuity (Great West Life & Annuity Insurance Co)