Common use of ANNUITY OPTION Clause in Contracts

ANNUITY OPTION. The Annuity Option shown on Page 3 may be changed to any other option available upon Written Notice prior to the Maturity Date. If a variable account annuity payment option is chosen, the Owner must include in the Written Notice the Sub-Account allocation of the Annuity Proceeds as of the Maturity Date.

Appears in 4 contracts

Sources: Deferred Annuity Contract (WRL Series Annuity Account), Deferred Annuity Contract (WRL Series Annuity Account), Flexible Payment Variable Annuity Contract (WRL Series Annuity Account)