Variable Annuity Payment. The minimum payment amounts and the age adjustments which will be used to determine the first monthly payment for a Variable Annuity Payment based on an assumed interest rate We offer are shown on the Contract Specifications under the PAYMENT OPTION TABLES. The Payment Option Table show the dollar amount of the first monthly payment which can be purchased with each $1,000 of Contract Value, after deduction of any applicable premium taxes. The Owner must select one of the assumed interest rates We offer for the Variable Annuity Payment prior to the Annuity Commencement Date. The assumed interest rate may not be changed after the Annuity Commencement Date.
Appears in 2 contracts
Samples: Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N), Individual Flexible Purchase Payment Deferred Variable Annuity Contract (Lincoln Life Variable Annuity Account N)
Variable Annuity Payment. The minimum payment amounts and the age adjustments which will be used to determine the first monthly payment for a Variable Annuity Payment based on an assumed interest rate We offer offer, are shown on the Contract Specifications under the PAYMENT OPTION TABLES. The Payment Option Table Tables show the dollar amount of the first monthly payment which can be purchased with each $1,000 of Contract Value, after deduction of any applicable premium taxesTaxes. The Owner must select one of the assumed interest rates We offer for the Variable Annuity Payment prior to the Annuity Commencement Date. The assumed interest rate may not be changed after the Annuity Commencement Date.
Appears in 2 contracts
Samples: Individual Single Purchase Payment Deferred Variable Annuity Contract (Lincoln National Variable Annuity Account C), Individual Single Purchase Payment Deferred Variable Annuity Contract (Lincoln National Variable Annuity Acct L)
Variable Annuity Payment. The minimum payment amounts and the age adjustments which will be used to determine the first monthly payment for a Variable Annuity Payment based on an assumed interest rate We offer offer, are shown on the Contract Specifications under the PAYMENT OPTION TABLES. The Payment Option Table show the dollar amount of the first monthly payment which can be purchased with each $1,000 of Contract Value, after deduction of any applicable premium taxes. The Owner must select one of the assumed interest rates We offer for the Variable Annuity Payment prior to the Annuity Commencement Date. The assumed interest rate may not be changed after the Annuity Commencement Date.
Appears in 1 contract
