Common use of Necessary Information Clause in Contracts

Necessary Information. In advance of the purchase of an annuity, you must provide us with the following information: (a) The Participant; (b) The purchase date; (c) The form of annuity desired; (d) The Annuity Commencement Date; (e) The amount of payment or Premium (if other than the Participant’s Account Value); (f) The full name of the Annuitant, address, gender, social security number, and proof of birth date in a form satisfactory to us (e.g., birth certificate or baptismal record); (g) If applicable, the full name of the Beneficiary, relationship to the Annuitant, address, sex, and social security number; (h) If applicable, the full name of the Contingent Annuitant, relationship to the Annuitant, address, sex, social security number, and proof of birth date in a form satisfactory to us (e.g., birth certificate or baptismal record); (i) The mode of payment (e.g., monthly, quarterly, or annually), which must produce a payment of at least $100 each period; (j) Your valid instructions regarding the Investment Option(s) from which the Premium is to be deducted. We will deduct Premium proportionately from the Investment Options to which the Participant’s Account Value is allocated if the Premium is less than the Account Value.