Common use of Change of Annuity Commencement Date or Annuity Payout Option Clause in Contracts

Change of Annuity Commencement Date or Annuity Payout Option. If we consent, you may change the Annuity Commencement Date to a date not later than the Latest Annuity Commencement Date shown on the Contract Data page. You may also change any elected annuity payout option before the Annuity Commencement Date. In order to implement either of these changes, we must receive your request in Good Order at our Customer Service Office at least 60 days before the Annuity Commencement Date.

Change of Annuity Commencement Date or Annuity Payout Option. If we consent, you may change the Annuity Commencement Date to a date not later than the Latest Annuity Commencement Date shown on Contract Anniversary following the Contract Data pageAnnuitant’s 95th birthday. You may also change any elected annuity payout option before the Annuity Commencement Date. In order to implement effect either of these changes, we must receive your request in Good Order at our Customer Service Office at least 60 days before the Annuity Commencement Date.