MINIMUM ANNUITY PAYMENT. If the Contract Value to be applied at the Annuity Date is less than $5,000, we may pay such amount in a lump sum. If any payment would be less than $50, we may change the frequency so payments are at least $50 each.
Appears in 6 contracts
Samples: Merrill Lynch Life Variable Annuity Separate Account D, Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A
MINIMUM ANNUITY PAYMENT. If the Contract Value to be applied at the Annuity Date is less than $5,0002,000, we may pay such amount in a lump sum. If any payment would be less than $5020 per month, we may change the frequency so payments are at least $50 20 each.
Appears in 2 contracts
Samples: Ml of New York Variable Annuity Separate Account C, Ml of New York Variable Annuity Separate Account A
MINIMUM ANNUITY PAYMENT. If the Contract Value to be applied at the Annuity Date is less than $5,0002,000, we may pay such amount in a lump sum. If any payment would be less than $5020, we may change the frequency so payments are at least $50 20 each.
Appears in 1 contract
MINIMUM ANNUITY PAYMENT. If the Contract Value net contract value to be applied at the Annuity Date annuity date is less than $5,000, we may pay such amount in a lump sum. If any payment would be less than $50, we may change the frequency so payments are at least $50 each.
Appears in 1 contract
Samples: Merrill Lynch Life Variable Annunity Separate Account
