11/14/2025 | Press release | Distributed by Public on 11/14/2025 09:34
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Oregon
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Assignments, Changes of Ownership and Other Transfers of Contract Rights
See section 2
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An assignment is not permitted if you have named an irrevocable Beneficiary.
We cannot restrict assignments or changes of ownership
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We do not change the Determining Life (Lives) following an assignment or ownership change. If you assign the Contract and the Determining Life (Lives) are no longer an Owner (or Annuitant if the Owner is a non-individual) the Traditional Death Benefit or Maximum Anniversary Value Death Benefit may not be available and on the Owner's death the Beneficiary(ies) will only receive the Contract Value.
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Availability of Crediting Methods
See section 4
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The Index Protection Strategy with Trigger Crediting Method is not available.
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Maximum Anniversary Value Death Benefit
See section 11
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Before Annuity Payments begin, if there is a misstatement of age for the Owner or Annuitant where the contract was issued after the maximum issue age, benefits shall be extrapolated to the correct age.
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