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 3 contracts
Samples: Annuity Contract (Lincoln National Variable Annuity Account H), Annuity Contract (Lincoln National Variable Annuity Account H), Annuity Contract (Lincoln Life Variable Annuity Account T)
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. If no choice is made, payments will automatically be made monthly.
Appears in 1 contract
Samples: Annuity Contract (Lincoln New York Account N for Variable Annuities)