Common use of DETERMINATION OF THE AMOUNT OF THE FIRST ANNUITY PAYMENT Clause in Contracts

DETERMINATION OF THE AMOUNT OF THE FIRST ANNUITY PAYMENT. The amount of annuity benefit payment will depend on the age and sex (except in cases where unisex rates are required) of the Annuitant(s) as of the Annuity Commencement Date. A choice may be made to receive payments once each month, four times each year, twice each year, or once each year.

Appears in 4 contracts

Samples: Joint and Survivor Annuities (Lincoln Life Variable Annuity Account N), Lincoln Life Variable Annuity Account N, Lincoln Life Variable Annuity Account N

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DETERMINATION OF THE AMOUNT OF THE FIRST ANNUITY PAYMENT. The amount of annuity benefit payment will depend on the age and sex (except in cases where unisex rates are required) of by the Annuitant(s) as of the Annuity Commencement Date. A choice may be made to receive payments once each month, four times each year, twice each year, or once each year.

Appears in 1 contract

Samples: Lincoln Life Variable Annuity Account W

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