Common use of Payments and Elections Clause in Contracts

Payments and Elections. While the Certificate Holder is living, Aetna will pay the Certificate Holder any Annuity Payments as and when due. After the Certificate Holder's death, or at the death of the first Certificate Holder if the Account is owned jointly, any Annuity Payments required to be made will be paid in accordance with Section V - Death of Annuitant/Beneficiary. Aetna will determine other payments and/or elections as of the end of the Valuation Date in which the request is received at its home office. Such payments will be made within 7 calendar days of receipt at its home office of a written claim for payment which is in good order, except as provided in Section III - Payment of Withdrawal Value.

Payments and Elections. While the Certificate Holder is living, Aetna will pay the Certificate Holder any Annuity Payments as and when due. After the Certificate Holder's death, or at the death of the first Certificate Holder if the Account is owned jointly, any Annuity Payments required to be made will be paid in accordance with Section V - Death of Annuitant/Beneficiary. Aetna will determine other payments and/or elections as of the end of the Valuation Date in which the request is received at its home office. Such payments will be made within 7 seven calendar days of receipt at its home office of a written claim for payment which is in good order, except as provided in Section III - Payment of Withdrawal Value.

Payments and Elections. While the Certificate Holder is living, Aetna will pay the Certificate Holder any Annuity Payments as and when due. After the Certificate Holder's death, or at the death of the first Certificate Holder if the Account is owned jointly, any Annuity Payments required to be made will be paid in accordance with Section V III - Death of Annuitant/Beneficiary. Aetna will determine other payments and/or elections as of the end of the Valuation Date in which the request is received at its home office. Such payments will be made within 7 seven calendar days of receipt at its home office of a written claim for payment which is in good order, except as provided in Section III - Payment of Withdrawal Value.