Transfer Between Payment Plans. A beneficiary who is receiving payment under a payment plan which includes the right to withdraw may transfer the amount withdrawable to any other payment plan that is available.
Appears in 25 contracts
Sources: Flexible Payment Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co), Flexible Payment Variable Annuity (NML Variable Annuity Account B), Flexible Payment Variable Annuity Contract (NML Variable Annuity Account A)
Transfer Between Payment Plans. A beneficiary who is receiving payment under a payment plan which includes the right to withdraw may transfer the amount withdrawable to any other payment plan that is available.
Appears in 8 contracts
Sources: Variable Whole Life Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Policy (Northwestern Mutual Variable Life Account)
Transfer Between Payment Plans. A direct or contingent beneficiary who is receiving payment under a payment plan which includes with the right to withdraw may transfer the amount withdrawable withdrawal value to any other payment plan that is available, subject to the provisions of Section 8.5.
Appears in 1 contract
Sources: Deferred Variable Annuity Contract (NML Variable Annuity Account B)