Common use of Election and Revocation Clause in Contracts

Election and Revocation. ECO may be elected by the Participant by submitting a completed and signed election form to Aetna's Home Office. The Participant also must submit the appropriate joint and survivor annuity waiver and spousal consent form(s) to Aetna at its Home Office. Once elected, this option may be revoked by the Participant by submitting a written request to Aetna at its Home Office. Any revocation will apply only to amounts not yet paid. ECO may be elected only once.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

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Election and Revocation. ECO may be elected by the Participant Contract Holder by submitting a completed and signed election form to Aetna's Home Office. The Participant also must submit the appropriate joint and survivor annuity waiver and spousal consent form(s) to Aetna at its Home Office. Once elected, this option may be revoked by the Participant Contract Holder by submitting a written request to Aetna at its Home Office. Any revocation will apply only to amounts not yet paid. ECO may be elected only once.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Election and Revocation. The Participant may elect ECO may be elected by the Participant by submitting a completed and signed election form to Aetna's Home Office. The Participant also must submit the appropriate joint and survivor annuity waiver and spousal consent form(s) to Aetna at its Home Office. Once ECO is elected, this option may be revoked by the Participant may revoke it by submitting a written request to Aetna at its Home Office. Any revocation will apply only to amounts not yet paid. ECO may be elected only onceonce per Individual Account. For Plans subject to ERISA, see Section VI.

Appears in 1 contract

Samples: Group Combination Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Election and Revocation. ECO may be elected by the Participant by submitting a completed and signed election form to Aetna's Home Office. The Participant also must submit the appropriate joint and survivor annuity waiver and spousal consent form(s) to Aetna at its Home Office. Once elected, this option may be revoked by the Participant Contract Holder by submitting a written request to Aetna at its Home Office. Any revocation will apply only to amounts not yet paid. ECO may be elected only once.

Appears in 1 contract

Samples: Individual Retirement Annuity Rollover Account (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

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Election and Revocation. ECO may be elected by the Contract Holder on behalf of the Participant by submitting a completed and signed election form to Aetna's Home Office. The For a Participant also subject to the Retirement Equity Act (REA), the Participant's spouse must submit consent to the appropriate joint and survivor annuity waiver and spousal consent form(s) election of this option in writing in a form acceptable to Aetna at its Home OfficeAetna. Once elected, this option may be revoked by the Participant Contract Holder by submitting a written request to Aetna at its Home Office. Any revocation will apply only to amounts not yet paid. ECO may be elected only once.

Appears in 1 contract

Samples: Group Contract (Information Analysis Inc)

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