| Party | Role | Death benefit trigger? |
|---|---|---|
| Owner | Signs contract, pays deposits, controls the policy | No |
| Annuitant | Person on whose life the contract is based | Yes -- annuitant's death |
| Beneficiary | Receives death benefit on annuitant's death | N/A |
Section 2 of 9
| Party | Role | Death benefit trigger? |
|---|---|---|
| Owner | Signs contract, pays deposits, controls the policy | No |
| Annuitant | Person on whose life the contract is based | Yes -- annuitant's death |
| Beneficiary | Receives death benefit on annuitant's death | N/A |
Not affiliated with CISRO, the AMF, FSRA, or any provincial or territorial insurance regulator. "LLQP" and "PQAP" are used for identification only.