Common use of ELECTION OF ANNUITY FORM Clause in Contracts

ELECTION OF ANNUITY FORM. Unless Minnesota Mutual shall be notified in writing to the contrary by the Contract Owner or Participant at least 30 days prior to the Annuity Commencement Date, General Account 14 Accumulation Value will be applied to provide a Fixed Annuity and Separate Account accumulation units will be applied to provide a Variable Annuity.

Appears in 2 contracts

Samples: Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account), Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account)

AutoNDA by SimpleDocs

ELECTION OF ANNUITY FORM. Unless Minnesota Mutual shall be notified in writing to the contrary by the Contract Owner or Participant at least 30 days prior to the Annuity Commencement Date, General Account 14 18 Accumulation Value will be applied to provide a Fixed Annuity and Separate Account accumulation units will be applied to provide a Variable Annuity.

Appears in 2 contracts

Samples: Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account), Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account)

AutoNDA by SimpleDocs

ELECTION OF ANNUITY FORM. Unless Minnesota Mutual shall be notified in writing to the contrary by the Contract Owner or Participant at least 30 days prior to the Annuity Commencement Date, General Account 14 Accumulation Value will be applied to provide a Fixed Annuity and Separate Account accumulation units will be applied to provide a Variable Annuity.

Appears in 1 contract

Samples: Annuity Contract (Minnesota Mutual Group Variable Annuity Account)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!