Common use of Payments and Elections Clause in Contracts

Payments and Elections. While the Contract Holder is living, Aetna will pay any Annuity payments as and when due. After the Contract Holder's death, or at the death of the first Contract Holder if the Contract is owned jointly, any Annuity payments will be paid in accordance with 4.03. Aetna will make any other payments within seven (7) calendar days of receipt of a written request for payment, which is in good order, at its Home Office, except as provided in 3.10.

Appears in 2 contracts

Samples: Individual Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Individual Annuity Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co)

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Payments and Elections. While the Contract Holder is living, Aetna will pay any Annuity payments as and when due. After the Contract Holder's death, or at the death of the xxx first Contract Holder if the Contract is owned jointly, any Annuity payments will be paid in accordance with 4.03. Aetna will make any other payments within seven (7) calendar days of receipt of a written request for payment, which is in good order, at its Home Office, except as provided in 3.10.

Appears in 2 contracts

Samples: Annuity Contract (Aetna Insurance Co of America), Annuity Contract (Aetna Life Insurance & Annuity Co /Ct)

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Payments and Elections. While the Contract Holder is living, Aetna will pay the Contract Holder any Annuity payments as and when due. After the Contract HolderXxxxxx's death, or at the death of the first Contract Holder if the Contract is owned jointly, any Annuity payments required to be made will be paid in accordance with 4.03. Aetna will make any other payments within seven (7) calendar days of receipt of a written request for payment, which is in good order, at its Home Office, except as provided in 3.104.

Appears in 1 contract

Samples: Insurance Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)

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