Common use of MISSTATEMENT OF AGE AND/OR SEX Clause in Contracts

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling due after the correction is made.

Appears in 8 contracts

Samples: Annuity Contract (Lincoln National Life Insurance Co /In/), Annuity Contract, Annuity Contract

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MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant Annuitant(s) has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling due after the correction is made.

Appears in 7 contracts

Samples: Annuity Contract (Lincoln Life Variable Annuity Account N), Annuity Contract (Lincoln National Variable Annuity Account H), Annuity Contract (Lincoln National Variable Annuity Account H)

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant has been misstated, the benefits available under this Contract will be those which the Net Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling due after the correction is made.

Appears in 3 contracts

Samples: Annuity Contract (Lincoln National Life Insurance Co /In/), Annuity Contract (Lincoln National Variable Annuity Account H), Annuity Contract (Lincoln Life Variable Annuity Account N)

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant has been misstated, the benefits available under this Contract will be those which the Purchase Payments Contract Value would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling due after the correction is made.

Appears in 2 contracts

Samples: Annuity Contract (Lincoln National Variable Annuity Account H), Annuity Contract (Lincoln National Variable Annuity Account H)

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant Annuitant(s) has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling failing due after the correction is made.

Appears in 1 contract

Samples: Annuity Contract (Lincoln Life Variable Annuity Account N)

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MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will shall be made up immediately and any overpayments already made by LNL will shall be charged against the annuity benefit payments falling failing due after the correction is made.

Appears in 1 contract

Samples: Annuity Contract (Lincoln National Variable Annuity Account H)

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant Annuitant(s) has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will shall be made up immediately and any overpayments already made by LNL will shall be charged against the annuity benefit payments falling due after the correction is made.

Appears in 1 contract

Samples: Annuity Contract (Lincoln Life Variable Annuity Account T)

MISSTATEMENT OF AGE AND/OR SEX. If the age and/or sex of the Annuitant has been misstated, the benefits available under this Contract will be those which the Purchase Payments would have purchased using the correct age and/or sex. Any underpayment already made by LNL will be made up immediately and any overpayments already made by LNL will be charged against the annuity benefit payments falling due after the correction is made.

Appears in 1 contract

Samples: Annuity Contract (Lincoln National Variable Annuity Account C)

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