Common use of Payment of Interest on Sum Clause in Contracts

Payment of Interest on Sum. Left With Aetna - This option may be used only by the beneficiary when the death of the Participant is before Aetna has started paying an Annuity. A portion or all of the sum due may be held in the General Account of Aetna at interest (see Guaranteed Interest Rate - General Account provision). The beneficiary may later tell Aetna to:

Appears in 5 contracts

Samples: Variable Annuity Acct C of Aetna Life Insurance & Annuity Co, Variable Annuity Acct C of Aetna Life Insurance & Annuity Co, Variable Annuity Acct C of Aetna Life Insurance & Annuity Co

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Payment of Interest on Sum. Left With Aetna - This option may be used only by the beneficiary when the death of the Participant Annuitant is before Aetna has started paying an Annuity. A portion or all of the sum due may be held in the General Account of Aetna at interest (see Guaranteed Interest Rate - General Account provision). The beneficiary may later tell Aetna to:

Appears in 1 contract

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co

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