Common use of Income Protection Benefit Clause in Contracts

Income Protection Benefit. Subject to the requirements of Section II. below, if you apply the Income Protection Benefit Rider to an Income Plan, we guarantee that the income payments you receive under such Income Plan will never be less than 85% of the Initial Variable Amount Income Value ("Income Protection Benefit") described in your Contract for that Income Plan.

Appears in 4 contracts

Samples: Allstate Life Insurance Co Separate Account A, Allstate Life Insurance Co Separate Account A, Allstate Life Insurance Co Separate Account A

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Income Protection Benefit. Subject to the requirements of Section II. below, if you apply the Income Protection Benefit Rider to an Income Plan, we guarantee that the income payments you receive under such Income Plan will never be less than [85% %] of the Initial Variable Amount Income Value ("Income Protection Benefit") described in your Contract for that Income Plan.

Appears in 3 contracts

Samples: Allstate Life of New York Separate Account A, Allstate Life of New York Separate Account A, Allstate Life of New York Separate Account A

Income Protection Benefit. Subject to the requirements of Section II. II below, if you apply the Income Protection Benefit Rider to an Income Plan, we guarantee that the income payments you receive under such Income Plan will never be less than 85% of the Initial Variable Amount Income Value ("Income Protection Benefit") described in your Contract for that Income Plan.

Appears in 1 contract

Samples: Lincoln Benefit Life Variable Annuity Account

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Income Protection Benefit. Subject to the requirements of Section II. II below, if you apply the Income Protection Benefit Rider to an Income Plan, we guarantee that the income payments you receive under such Income Plan will never be less than 8570% of the Initial Variable Amount Income Value ("Income Protection BenefitBenefit Rider") described in your Contract for that Income Plan.

Appears in 1 contract

Samples: Lincoln Benefit Life Variable Annuity Account

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