Common use of CHANGE OF ANNUITY START DATE Clause in Contracts

CHANGE OF ANNUITY START DATE. The Owner may change the Annuity Start Date. A request for the change must be made in writing. The written request must be received by SBL at least 30 days prior to the new Annuity Start Date as well as 30 days prior to the previous Annuity Start Date. The Contract provides for Annuity Payments to be made under one of eight Annuity Options. Your Annuity Option is shown on page 3. Options 1 through 4 and 8 generally provide for payments to be made during the life of the Annuitant or Joint Annuitants. Under Options 5 through 7, Annuity Payments are made to the Annuitant and in the event of the Annuitant's death, to the Designated Beneficiary. Options 1 through 8 are available as either a Fixed or Variable Annuity or a combination Fixed and Variable Annuity. The Annuity Options are shown below. Prior to the Annuity Start Date, the Owner may change the Annuity Option selected. The Owner must request the change in writing. This request must be Received by SBL at least 30 days prior to the Annuity Start Date.

CHANGE OF ANNUITY START DATE. The Owner may change the Annuity Start Date. A request for the change must be made in writing. The written request must be received by SBL FSBL at least 30 days prior to the new Annuity Start Date as well as 30 days prior to the previous Annuity Start Date. The Contract provides for Annuity Payments to be made under one of eight Annuity OptionsOptions 1 through 6. Your Annuity Option is shown on page 3. Options 1 through 4 and 8 6 generally provide for payments to be made during the life of the Annuitant or Joint Annuitants. Under Options 5 through 7Option 5, Annuity Payments are made to the Annuitant and in the event of the Annuitant's death, to the Designated Beneficiary. Options 1 through 8 6 are available as either a Fixed or Variable Annuity or a combination Fixed and Variable Annuity. The Annuity Options are shown below. Prior to the Annuity Start Date, the Owner may change the Annuity Option selected. The Owner must request the change in writing. This request must be Received by SBL FSBL at least 30 days prior to the Annuity Start Date.