PAYMENT AT DEATH. Upon the death of the Annuitant prior to the Maturity Date, the payment at death will be made under any payment plan previously elected. If no payment plan has been elected, the payment at death will be made under a payment plan or in cash as elected by the Owner or beneficiary.
Appears in 12 contracts
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)