For each of the following benefits, individual and group policies, the covered person is:

Death Benefit

Health Expense

Cash Value

Policyowner

Monthly Income

Payout Life Annuity

The person whose survival depends on the payout

Term Certain Annuity

Policyowner

Disability Income Insurance

Disabled life

Periodic Payment under Guaranteed Minimum Withdrawal Benefit

Policyowner

Periodic Payment from a RRIF

Policyowner

Periodic Payments under Long-term Care policies

Accumulated Value

For individual policies

Policyowner

For group policies

Defined Contributions Plans – Plan Participant
Defined Benefit Plans – Plan Sponsor