Right To Return Contract. Please read this Contract carefully. The Owner may return the Contract for any reason within ten days after receiving it. Return of the Contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe agent who sold the Contract. If returned, the Contract will be cancelled and the Company will refund the sum of (a) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Account. ICC12.RR.VA.BBK.(0313) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PLANS 4 -2 GUARANTEED ACCOUNTS 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS 8 • Section 3.1 Guaranteed Accounts 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 • Section 3.8 Guaranteed Values 9 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 • Section 4.1 Payment of Purchase Payments 10 • Section 4.2 Application of Purchase Payments 10 • Section 4.3 Selection of Investment Account for Purchase Payments 10 • Section 4.4 Transfer of Accumulation Value 10 • Section 4.5 Withdrawals and Full Surrender 11 • Section 4.6 Effective Date 11 SECTION 5. BENEFITS 11 • Section 5.1 Maturity Benefit 11 • Section 5.2 Death Benefit if Annuitant is an Owner 12 • Section 5.3 Death Benefit if Annuitant is Not an Owner 12 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 • Section 6.1 Changing the Beneficiary 13 • Section 6.2 Succession of Interest of Beneficiaries 13 • Section 6.3 Trustee as Beneficiary 13 • Section 6.4 General 13 • Section 6.5 Naming and Changing a Contingent Annuitant 13 SECTION 7. CHARGES, FEES AND CONVERSION 14 • Section 7.1 Premium Taxes 14 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313)
Appears in 1 contract
Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B)
Right To Return Contract. Please read this Contract contract carefully. The Owner may return the Contract contract for any reason within ten days after receiving it. Return of the Contract contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe 00000 or the agent who sold the Contractcontract. If returned, the Contract contract will be cancelled and the Company will refund the sum of (a) the difference between the Purchase Payments paid and the amounts, if any, allocated to the Separate Account plus (b) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Accountreturn. ICC12.RR.VA.BBK.(0313RR.V.B.MSNST.(0803) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August July 31, 2005 ICC12.RR.VA.BBK.(03132003 RR. V. B. MSNST. (0803) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PLANS 4 -2 GUARANTEED ACCOUNTS 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS • Guaranteed Interest Fund 8 • Section 3.1 Guaranteed Accounts 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Maximum Guaranteed Interest Funds Fund Accumulation Value 8 • Section 3.5 Nonforfeiture Rate Table of Guaranteed Values 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 • Section 3.8 Guaranteed Values 9 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 11 • Naming and Changing of Beneficiaries 12 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 • Section 6.1 Changing the Beneficiary 13 • Section 6.2 Succession of in Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming Xxxxxx and Changing a Contingent Annuitant 13 SECTION 7. CHARGES, FEES AND CONVERSION • Premium Taxes 13 • Contract Fee 13 • The Owner 14 • Section 7.1 Premium Taxes Transfer of Ownership 14 • Section 7.2 Contract Fee Naming and Changing a Successor Owner 14 • Section 7.3 Conversion of Investment Accounts Collateral Assignment 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313Voting Rights and Reports to Owners 14 RR. V. B. MSNST. (0803)
Appears in 1 contract
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
Right To Return Contract. Please read this Contract carefully. The Owner may return the Contract for any reason within ten days after receiving it. Return of the Contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe or the agent who sold the Contract. If returned, the Contract will be cancelled and the Company will refund the sum of (a) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Account. ICC12.RR.VA.BBK.(0313ICC12.RR.VA.AFR.(0313) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313ICC12.RR.VA.AFR. (0313) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PLANS 4 -2 GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Changing the Beneficiary 13 12 • Section 6.2 Succession of Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 12 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 12 • Section 7.1 Sales Load and Premium Taxes 14 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313)12
Appears in 1 contract
Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A)
Right To Return Contract. Please read this Contract contract carefully. The Owner may return the Contract contract for any reason within ten days after receiving it. Return of the Contract contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe 00000 or the agent who sold the Contractcontract. If returned, the Contract contract will be cancelled and the Company will refund the sum of (a) the difference between the Purchase Payments paid and the amounts, if any, allocated to the Separate Account plus (b) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Accountreturn. ICC12.RR.VA.BBK.(0313RR.V.B.MSNST.(0805) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313RR.V.B.MSNST.(0805) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PAYMENT PLANS 4 -2 GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Naming and Changing the Beneficiary 13 of Beneficiaries 12 • Section 6.2 Succession of in Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 13 • Section 7.1 Premium Taxes 14 13 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(031313 RR.V.B.MSNST.(0805)
Appears in 1 contract
Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account B)
Right To Return Contract. Please read this Contract contract carefully. The Owner may return the Contract contract for any reason within ten days after receiving it. Return of the Contract contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe 00000 or the agent who sold the Contractcontract. If returned, the Contract contract will be cancelled and the Company will refund the sum of (a) the difference between the Purchase Payments paid and the amounts, if any, allocated to the Separate Account plus (b) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Accountreturn. ICC12.RR.VA.BBK.(0313XX.X.X.XX.(0805) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313XX.X.X.XX.(0805) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PAYMENT PLANS 4 -2 GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Naming and Changing the Beneficiary 13 of Beneficiaries 12 • Section 6.2 Succession of in Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 13 • Section 7.1 Sales Load and Premium Taxes 14 13 • Section 7.2 Contract Fee 13 XX.X.X.XX.(0805) SECTION 8. OWNERSHIP 14 • Section 7.3 Conversion of Investment Accounts 8.1 The Owner 14 • Section 7.4 8.2 Transfer of Ownership 14 • Section 8.3 Naming and Changing a Successor Owner 14 • Section 8.4 Collateral Assignment 14 • Section 8.5 Reports to Owners 14 • Section 8.6 Transferability Restrictions 14 SECTION 9. THE CONTRACT 15 • Section 9.1 Guarantees 15 • Section 9.2 Valuation of Separate Account Assets 15 • Section 9.3 Determination of Separate Account Values 15 • Section 9.4 Deferment of Benefit Payments 15 • Section 9.5 Dividends 15 • Section 9.6 Incontestability 15 • Section 9.7 Misstatements 16 • Section 9.8 Entire Contract; Changes 16 • Section 9.9 Termination of Contract 16 SECTION 10. PAYMENT OF CONTRACT BENEFITS 16 • Section 10.1 Payment of Benefits 16 • Section 10.2 Death Benefit 16 • Section 10.3 Effective Date for Payment Plan 17 • Section 10.4 Payment Plan Elections 17 SECTION 11. PAYMENT PLANS 17 • Section 11.1 Description of Payment Plans 17 • Section 11.2 Allocation of Benefits 17 • Section 11.3 Annuity Units under Variable Payment Plans 18 • Section 11.4 Payments under Variable Payment Plans 18 • Section 11.5 Transfers Involving Variable Payment Plans 18 • Section 11.6 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313)under Payment Plans 19 • Section 11.7 Naming and Changing of Beneficiaries under Payment Plans 19 • Section 11.8 Succession in Interest of Beneficiaries under Payment Plans 19 • Section 11.9 Payment Plan Rates 20 XX.X.X.XX.(0805) CONTRACT NUMBER [00 000 000] PLAN Flexible Payment Variable Annuity ADDITIONAL BENEFITS Enhanced Death Benefit TAX REPORTING CATEGORY [Pension Annuity] PRIMARY ANNUITANT [Xxxx X. Xxx] AGE AND SEX [35 Male] OWNER [Xxxx X. Xxx, the Annuitant] ISSUE DATE [August 31,2005] CONTRACT ANNIVERSARY [August 31, 2006 and each August 31 Thereafter] MATURITY DATE [August 31, 2068] DIRECT BENEFICIARY [Xxxx X. Xxx, Wife of the Annuitant] CONTINGENT BENEFICIARY [Xxxx X. Xxx, Xx., Son of the Annuitant] On the Issue Date, Purchase Payments and contract values may be allocated among the following Investment Accounts. Available Separate Account Divisions are subject to change. See Section 2.1. Divisions of Separate Account A: Select Bond Division Franklin Xxxxxxxxx International Equity Division Money Market Division Balanced Division Index 500 Stock Division Aggressive Growth Stock Division High Yield Bond Division Growth Stock Division Large Cap Core Stock Division Index 400 Stock Division Small Cap Growth Stock Division Xxxxxxx Multi-Style Equity Division Xxxxxxx Aggressive Equity Division Xxxxxxx Non-US Division Xxxxxxx Real Estate Securities Division Xxxxxxx Core Bond Division Asset Allocation Division International Growth Stock Division XX.X.X.XX. (0805) Page 3 Divisions of Separate Account A:
Appears in 1 contract
Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account A)
Right To Return Contract. Please read this Contract contract carefully. The Owner may return the Contract contract for any reason within ten days after receiving it. Return of the Contract contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe 00000 or the agent who sold the Contractcontract. If returned, the Contract contract will be cancelled and the Company will refund the sum of (a) the difference between the Purchase Payments paid and the amounts, if any, allocated to the Separate Account plus (b) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Accountreturn. ICC12.RR.VA.BBK.(0313RR.V.B.BK.(0805) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313RR.V.B.BK.(0805) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PAYMENT PLANS 4 -2 – 2 GUARANTEED ACCOUNTS 4 -2 – 2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS 8 • Section 3.1 Guaranteed Accounts 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 • Section 3.8 Guaranteed Values 9 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 • Section 4.1 Payment of Purchase Payments 10 • Section 4.2 Application of Purchase Payments 10 • Section 4.3 Selection of Investment Account for Purchase Payments 10 • Section 4.4 Transfer of Accumulation Value 10 • Section 4.5 Withdrawals and Full Surrender 11 • Section 4.6 Effective Date 11 SECTION 5. BENEFITS 11 • Section 5.1 Maturity Benefit 11 • Section 5.2 Death Benefit if Annuitant is an Owner 12 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 12 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 • Section 6.1 Naming and Changing the Beneficiary of Beneficiaries 13 • Section 6.2 Succession of in Interest of Beneficiaries 13 • Section 6.3 Trustee as Beneficiary 13 • Section 6.4 General 13 • Section 6.5 Naming and Changing a Contingent Annuitant 13 14 SECTION 7. CHARGES, FEES AND CONVERSION 14 • Section 7.1 Premium Taxes 14 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313RR.V. B.BK.(0805)
Appears in 1 contract
Samples: Flexible Payment Variable Annuity Contract (NML Variable Annuity Account B)
Right To Return Contract. Please read this Contract contract carefully. The Owner may return the Contract contract for any reason within ten days after receiving it. Return of the Contract contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx 000 Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000) 000-0000 xx xxe 00000 or the agent who sold the Contractcontract. If returned, the Contract contract will be cancelled and the Company will refund the sum of (a) the difference between the Purchase Payments paid and the amounts, if any, allocated to the Separate Account plus (b) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Accountreturn. ICC12.RR.VA.BBK.(0313XX.X.X.XX.(0805) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. Xxxx X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313XX.X.X.XX. (0805) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PAYMENT PLANS 4 -2 GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Naming and Changing the Beneficiary 13 of Beneficiaries 12 • Section 6.2 Succession of in Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 13 • Section 7.1 Sales Load and Premium Taxes 14 13 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(031313 XX.X.X.XX.(0805)
Appears in 1 contract
Samples: Flexible Payment Variable Annuity (NML Variable Annuity Account B)
Right To Return Contract. Please read this Contract carefully. The Owner may return the Contract for any reason within ten days after receiving it. Return of the Contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000014) 000-0000 xx xxe the agent who sold the Contract. If returned, the Contract will be cancelled and the Company will refund the sum of (a) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Account. ICC12.RR.VA.BBK.(0313ICC12.RR.VA.AFB.(0313) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313ICC12.RR.VA.AFB. (0313) TABLE OF CONTENTS SCHEDULE 3 • CONTRACT INFORMATION, INFORMATION 3 • INVESTMENT ACCOUNTS 3 • CHARGES AND FEES 4 • MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PLANS 4 -2 • GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 Account Divisions 7 • Section 2.3 Net Investment Factor Funds and Portfolios 7 • Section 2.4 Substitution and Change Accumulation Units 7 • Section 2.5 Net Investment Factor 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 • Section 4.7 Processing Requirements 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Changing the Beneficiary 13 12 • Section 6.2 Succession of Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 12 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 12 • Section 7.1 Premium Taxes 14 12 • Section 7.2 Contract Fee 12 ICC12.RR.VA.AFB.(0313) SECTION 8. OWNERSHIP 13 • Section 8.1 The Owner 13 • Section 8.2 Transfer of Ownership 13 • Section 8.3 Naming and Changing a Successor Owner 13 • Section 8.4 Collateral Assignment 13 • Section 8.5 Voting Rights and Reports to Owners 14 SECTION 9. THE CONTRACT 14 • Section 7.3 Conversion of Investment Accounts 9.1 Guarantees 14 • Section 7.4 Withdrawal Charge 9.2 Valuation of Separate Account Assets 14 • Section 9.3 Determination of Separate Account Values 14 • Section 9.4 Deferment of Benefit Payments 14 • Section 9.5 Dividends 15 ICC12.RR.VA.BBK.(0313)• Section 9.6 Incontestability 15 • Section 9.7 Misstatements 15 • Section 9.8 Entire Contract; Changes 15 • Section 9.9 Termination of Contract 16 • Section 9.10 Conformity with Interstate Insurance Product Regulation Commission Standards 16 SECTION 10. PAYMENT OF CONTRACT BENEFITS 16 • Section 10.1 Payment of Benefits 16 • Section 10.2 Death Benefit 16 SECTION 11. INCOME PLANS 16 • Section 11.1 Income Plan Elections 16 • Section 11.2 Income Plan Offerings 17 • Section 11.3 Allocation of Benefits 17 • Section 11.4 Annuity Units under Variable Income Plans 17 • Section 11.5 Payments under Variable Income Plans 18 • Section 11.6 Transfers Involving Variable Income Plans 18 • Section 11.7 Naming and Changing of Beneficiaries under Income Plans 18 • Section 11.8 Succession in Interest of Beneficiaries under Income Plans 19 • Section 11.9 Income Plan Rates 19 ADDITIONAL BENEFITS (if any) AMENDMENTS (if any) APPLICATION ICC12.RR.VA.AFB.(0313) SCHEDULE CONTRACT INFORMATION 1{This Contract was issued in the State of {state}. CONTRACT NUMBER 2[00 000 000] PLAN Flexible Payment Variable Annuity ADDITIONAL BENEFITS 3[Enhanced Death Benefit] TAX REPORTING CATEGORY 4[Personal Annuity] PRIMARY ANNUITANT 5[John X. Xxx] XGE AND SEX 6[35 Male] OWNER 7[John X. Xxx, xxe Annuitant] ISSUE DATE 8[November 30, 2006] CONTRACT ANNIVERSARY 9[November 30, 2007 and each November 30th thereafter] MATURITY DATE 10[November 30, 2069] DIRECT BENEFICIARY 11[Jane X. Xxx, Xxfe of the Annuitant] CONTINGENT BENEFICIARY 12[John X. Xxx, Xx., Xxn of the Annuitant] INITIAL PURCHASE PAYMENT 13[$50,000.00] Total Purchase Payments may not exceed $5,000,000 without the consent of the Company.
Appears in 1 contract
Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A)
Right To Return Contract. Please read this Contract carefully. The Owner may return the Contract for any reason within ten days after receiving it. Return of the Contract is effective on the date written notice of the return is delivered, mailed or sent by telegram to either The Northwestern Mutual Life Insurance Company, 720 Eaxx Xxxx Xxxxxxxxx Xxxxxx, Xxxxxxxxx, Xxxxxxxxx 00000, (000014) 000-0000 xx xxe the agent who sold the Contract. If returned, the Contract will be cancelled and the Company will refund the sum of (a) the value of the Accumulation Units of the Separate Account on the effective date of return plus (b) any amount deducted from the portion of the Purchase Payment applied to the Separate Account. ICC12.RR.VA.BBK.(0313ICC12.RR.VA.BFR.(0313) CONTRACT NUMBER 00 000 000 PRIMARY ANNUITANT John J. X. Xxx ISSUE DATE August 31, 2005 ICC12.RR.VA.BBK.(0313ICC12.RR.VA.BFR.(0313) TABLE OF CONTENTS CONTRACT INFORMATION, INVESTMENT ACCOUNTS 3 CHARGES AND FEES 4 MINIMUM PURCHASE PAYMENTS, ACCUMULATION VALUE, INCOME PLANS 4 -2 GUARANTEED ACCOUNTS INTEREST FUND 1 4 -2 SECTION 1. GENERAL TERMS AND DEFINITIONS 5 SECTION 2. SEPARATE ACCOUNT 6 • Section 2.1 Separate Account 6 • Section 2.2 Accumulation Units 6 • Section 2.3 Net Investment Factor 7 • Section 2.4 Substitution and Change 7 SECTION 3. GUARANTEED ACCOUNTS INTEREST FUND 1 8 • Section 3.1 Guaranteed Accounts Interest Fund 1 8 • Section 3.2 Accumulation Value 8 • Section 3.3 Transfer Restrictions 8 • Section 3.4 Multi-Year Guaranteed Interest Funds 8 • Section 3.5 Nonforfeiture Rate 8 • Section 3.6 Market Value Adjustment 9 • Section 3.7 Maximum Accumulation Value of the Guaranteed Accounts 9 Interest Fund 1 8 • Section 3.8 3.5 Guaranteed Values 9 8 SECTION 4. PURCHASE PAYMENTS, TRANSFERS, WITHDRAWALS 10 9 • Section 4.1 Payment of Purchase Payments 10 9 • Section 4.2 Application of Purchase Payments 10 9 • Section 4.3 Selection of Investment Account for Purchase Payments 10 9 • Section 4.4 Transfer of Accumulation Value 10 9 • Section 4.5 Withdrawals and Full Surrender 11 10 • Section 4.6 Effective Date 11 10 SECTION 5. BENEFITS 11 10 • Section 5.1 Maturity Benefit 11 10 • Section 5.2 Death Benefit if Annuitant is an Owner 12 11 • Section 5.3 Death Benefit if Annuitant is Not an Owner 12 11 SECTION 6. BENEFICIARIES AND CONTINGENT ANNUITANTS 13 12 • Section 6.1 Changing the Beneficiary 13 12 • Section 6.2 Succession of Interest of Beneficiaries 13 12 • Section 6.3 Trustee as Beneficiary 13 12 • Section 6.4 General 13 12 • Section 6.5 Naming and Changing a Contingent Annuitant 13 12 SECTION 7. CHARGES, CHARGES AND FEES AND CONVERSION 14 12 • Section 7.1 Sales Load and Premium Taxes 14 • Section 7.2 Contract Fee 14 • Section 7.3 Conversion of Investment Accounts 14 • Section 7.4 Withdrawal Charge 15 ICC12.RR.VA.BBK.(0313)12
Appears in 1 contract
Samples: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B)
