CHOICE OF ANNUITY PAYMENT OPTION. BY OWNER While the Annuitant is alive, the Owner may choose any Annuity Payment Option or change any choice, if that right has been reserved, but only before the Maturity Date. The election must be made not later than thirty days prior to the Maturity Date.
Appears in 3 contracts
Samples: Annuity Contract (Lincoln National Variable Annuity Account C), Annuity Contract (Lincoln National Variable Annuity Account C), Annuity Contract (Lincoln National Variable Annuity Account C)
CHOICE OF ANNUITY PAYMENT OPTION. BY OWNER By Owner While the Annuitant is alive, the Owner may choose any Annuity Payment Option or change any choice, if that right has been reserved, but only before the Maturity Dateannuity payments commence. The election must be made not later than thirty days prior to the Maturity Datetime annuity payments commence.
Appears in 1 contract
Samples: Annuity Contract (Lincoln National Variable Annuity Account H)
CHOICE OF ANNUITY PAYMENT OPTION. BY OWNER By Owner While the Annuitant is alive, the Owner may choose any Annuity Payment Option or change any choice, if that right has been reserved, but only before the Maturity Date. The election must be made not later than thirty days prior to the Maturity Date. By Beneficiary At the time proceeds are payable, a Beneficiary may choose or change any Annuity Payment Option it proceeds are available to the Beneficiary in one sum. A choice or change must be in writing to LNL.
Appears in 1 contract
Samples: Annuity Contract (Lincoln National Variable Annuity Account E)
