Common use of Minimum Benefits Clause in Contracts

Minimum Benefits. Any paid-up annuity, Surrender Value or Death Benefit that may be available under this Contract will never be less than the minimum benefits required by the state in which this Contract is delivered or issued for delivery. Minimum benefits will be increased to reflect any guaranteed additional amounts credited to this Contract and will be decreased by prior Withdrawals.

Appears in 5 contracts

Samples: Lincoln National Life Insurance Co /In/, Lincoln National Life Insurance Co /In/, Lincoln National Life Insurance Co /In/

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Minimum Benefits. Any The value of a paid-up annuity, Surrender Value cash surrender, or Death Benefit that may be available settlement on death under this Contract contract will never not be less than the minimum benefits required by the state in which this Contract laws where the contract is delivered or issued for delivery. Minimum benefits will be increased to reflect any guaranteed additional amounts credited to this Contract and will be decreased by prior Withdrawalsdelivered.

Appears in 3 contracts

Samples: Metlife Investors Usa Separate Account A, Security First Life Separate Account A, Security First Life Separate Account A

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Minimum Benefits. Any paid-up annuity, Surrender Value or Death Benefit that may be available under this Contract will never be less than the minimum benefits required by Section 7 of the state in which this Contract is delivered National Association of Insurance Model Variable Annuity Regulation, model #250, or issued for deliveryapplicable successor provision, as amended. Minimum benefits will be increased to reflect any guaranteed additional amounts credited to this Contract and will be decreased by prior Withdrawals.

Appears in 3 contracts

Samples: Lincoln Life Variable Annuity Account N, Lincoln Life Variable Annuity Account N, Lincoln Life Variable Annuity Account N

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