Common use of Your Selections Clause in Contracts

Your Selections. Prior to the Annuity Date, you may make three selections about the annuity payments. First, you may choose whether you want those payments to be a fixed-dollar amount or a variable-dollar amount, or both. Second, you may choose the form of annuity payments (Annuity Option). Third, you may choose to have annuity payments made monthly, quarterly, semiannually, or annually. The first annuity payment will be sent on the day following the Annuity Date. If the amount of the first annuity payment is less than $20 a month, we reserve the right to offer a less frequent mode of payment so that each payment is at least $20. If there is no mode of payment so that each payment is at least $20, we may terminate the Contract and pay you the Net Contract Value. Once annuity payments begin, no changes can be made to either the Annuity Option or the basis on which such payments are made (a fixed annuity basis or variable annuity basis), no additional purchase payments will be accepted and no withdrawals will be allowed.

Your Selections. Prior to the Annuity Date, you may make three selections about the annuity payments. First, you may choose whether you want those payments to be a fixed-dollar amount or a variable-dollar amount, or both. Second, you may choose the form of annuity payments (Annuity Option). Third, you may choose to have annuity payments made monthly, quarterly, semiannually, or annually. The first annuity payment will be sent on the day following the Annuity Date. If Date if the amount of the first annuity payment is less than $20 a month, we reserve the right to offer a less frequent mode of payment so that each payment is at least $20. If there is no mode of payment so that each payment is at least $20, we or you may terminate the Contract and pay you the Net Contract Valueno withdrawal charge will be imposed. Once annuity payments begin, no changes can be made to either the Annuity Option or the basis on which such payments are made (a fixed annuity basis or variable annuity basis), no additional purchase payments Purchase Payments will be accepted and no withdrawals will be allowed.

Your Selections. Prior to the Annuity Date, you may make three selections about the annuity payments. First, you may choose whether you want those payments to be a fixed-dollar amount or a variable-dollar amount, or both. Second, you may choose the form of annuity payments (Annuity Option). Third, you may choose to have annuity payments made monthly, quarterly, semiannually, or annually. The first annuity payment will be sent on the day following the Annuity Date. If the amount of the first annuity payment is less than $20 a month, we reserve the right to offer a less frequent mode of payment so that each payment is at least $20. If there is no mode of payment so that each payment is at least $20, we may terminate the Contract and pay you the Net Contract Value. Once annuity payments begin, no changes can be made to either the Annuity Option or the basis on which such payments are made (a fixed annuity basis or variable annuity basis), no additional purchase payments Purchase Payments will be accepted and no withdrawals will be allowed.