| If all owners predecease the life insured, the life insured will become the owner. |
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| Where the owner is different from the annuitant, it is conceivable that the owner could predecease the annuitant. |
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| The Contingent Policyholder will become the Policyholder only if the Policyholder and Additional Policyholder predecease the Annuitant. |
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| Often, individual clients focus only on the case where they predecease their beneficiary, such as a spouse or a child. |
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| Advisors can help clients consider the implications of outliving a spouse by many years or having a beneficiary predecease the insured. |
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| This means that the contributor's basic pension benefit is reduced to ensure that the funds are set aside to cover the cost of a survivor benefit that would be paid should the retiree predecease his or her spouse. |
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| Your future pension payments will be reduced commencing the second month following your option and a survivor benefit will be payable after your death if you predecease your spouse. |
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| If there is no valid instrument filed with the Trustee or if all of your beneficiaries predecease you, this amount will be paid to your legal personal representative. |
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| As it sometimes happens, the spouse or the child may predecease the veteran. They may be buried in cemetery X, and the veteran may move across the country and die and be buried in a cemetery over there. |
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