DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS
Appears in 5 contracts
Samples: Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS.
Appears in 2 contracts
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD Installment Income For Specified Period (OPTION Option B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANSLife Income Plans
Appears in 1 contract
Samples: Flexible Payment Variable Annuity Agreement (NML Variable Annuity Account B)