Common use of SURRENDER OPTION Clause in Contracts

SURRENDER OPTION. The Owner may surrender this Contract for its Contract Value at any time prior to the earlier of: a. the Annuity Commencement Date; b. termination of this Contract upon payment of any Death Benefit; or

Appears in 2 contracts

Samples: Annuity Contract (Lincoln Life Variable Annuity Account N), Annuity Contract (Lincoln New York Account N for Variable Annuities)

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SURRENDER OPTION. The Owner may surrender this Contract for its Contract Value surrender value at any time prior to the earlier of: a. the Annuity Commencement Date; b. termination of this Contract upon payment of any Death Benefit; or

Appears in 1 contract

Samples: Annuity Contract (Lincoln National Variable Annuity Account H)

SURRENDER OPTION. The Owner may surrender this Contract for its Contract Value surrender value at any time prior to the earlier of:. a. the Annuity Commencement Date; b. termination of this Contract upon payment of any Death Benefit; or

Appears in 1 contract

Samples: Annuity Contract (Lincoln Life Variable Annuity Account N)

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SURRENDER OPTION. The Owner may surrender this Contract for its Contract Value at any time prior to the earlier of: a. the Annuity Commencement Date; b. termination of this the Contract upon payment of any Death Benefit; or

Appears in 1 contract

Samples: Annuity Contract (Lincoln National Variable Annuity Account H)

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