Common use of Choices to be Made Clause in Contracts

Choices to be Made. The Certificate Holder may tell Aetna to apply any portion of the Adjusted Current Value (minus any premium tax) for an Annuity under option 1, 2, or 3 (see 4.04). The first Annuity payment may not be earlier than twelve months after the Purchase Payment. At least 30 days prior to the Annuity Date, the Certificate Holder must tell Aetna which Annuity option is elected. Annuity payments will be made monthly, unless the Certificate Holder elects otherwise in writing. In lieu of the election of an Annuity, the Certificate Holder may elect a lump sum payment. The Annuity purchase rate for the option chosen reflects the Minimum Guaranteed Interest Rate (see Contract Schedule II), but may reflect a higher interest rate.

Choices to be Made. The Certificate Holder may tell Aetna to apply any portion of the Adjusted Current Value (minus any premium tax) for an Annuity under option 1, 2, or 3 (see 4.04)) . The first Annuity payment may not be earlier than twelve months after the Purchase Payment. At least 30 days prior to the Annuity Date, the Certificate Holder must tell Aetna which Annuity option is elected. Annuity payments will be made monthly, unless the Certificate Holder elects otherwise in writing. In lieu of the election of an Annuity, the Certificate Holder may elect a lump sum payment. The Annuity purchase rate for the option chosen reflects the Minimum Guaranteed Interest Rate (see Contract Schedule II), but may reflect a higher interest rate.

Choices to be Made. The Certificate Holder may tell Aetna to apply any portion of the Adjusted Current Value (minus any premium tax) for an Annuity under option 1, 2, 2 or 3 (see 4.04). The first Annuity payment may not be earlier than twelve months after the Purchase Payment. At least 30 days prior to the Annuity Date, the Certificate Holder must tell Aetna which Annuity option is elected. Annuity payments will be made monthly, unless the Certificate Holder elects otherwise in writing. In lieu of the election of an Annuity, the Certificate Holder may elect a lump sum payment. The Annuity purchase rate for the option chosen reflects the Minimum Guaranteed Interest Rate (see Contract Schedule II), but may reflect a higher interest rate.

Choices to be Made. The Certificate Holder may tell Aetna to apply any portion of the Adjusted Current Value (minus any premium tax) for an Annuity under option 1, 2, 2 or 3 (see 4.04)) . The first Annuity payment may not be earlier than twelve months after the Purchase Payment. At least 30 days prior to the Annuity Date, the Certificate Holder must tell Aetna which Annuity option is elected. Annuity payments will be made monthly, unless the Certificate Holder elects otherwise in writing. In lieu of the election of an Annuity, the Certificate Holder may elect a lump sum payment. The Annuity purchase rate for the option chosen reflects the Minimum Guaranteed Interest Rate (see Contract Schedule II), but may reflect a higher interest rate.