Minimum Guaranteed Income Benefit Rider Sample Contracts

AutoNDA by SimpleDocs
Specimen Copy] Minimum Guaranteed RELIASTAR Income Benefit Rider LIFE INSURANCE COMPANY OF NEW YORK A Stock Company (HEREINAFTER CALLED WE, US AND OUR)
Minimum Guaranteed Income Benefit Rider • July 6th, 2007 • Separate Account Ny B of Reliastar Life Insurance Co of Ny

The Contract to which this Minimum Guaranteed Income Benefit Rider (this “Rider”) is attached is hereby modified by the provisions of this Rider. The Rider's provisions shall control when there is a conflict between this Rider and the Contract. Any capitalized terms not defined in this Rider shall have the meaning given to them in the Contract. This Rider provides an option to receive a Minimum Guaranteed Income Benefit (“MGIB”) instead of the standard Annuity Payments payable under the Contract. The MGIB may only be exercised on certain specified Exercise Dates, as described below. This Rider has no Cash Surrender Value. Benefits provided and charges made under the terms and conditions of this Rider are described below. This Rider will remain in effect until terminated under the conditions described below. IMPORTANT TERMS The Contract means the Contract to which this Rider is attached. The term Credit is defined in the Contract or its Riders and Endorsements. If no

ING USA ANNUITY AND LIFE INSURANCE COMPANY ING USA is a stock company domiciled in Iowa (HEREINAFTER CALLED WE, US AND OUR)
Minimum Guaranteed Income Benefit Rider • May 9th, 2006 • Separate Account B of Ing Usa Annuity Life Insurance Co

The Contract to which this Minimum Guaranteed Income Benefit Rider (this “Rider”) is attached is hereby modified by the provisions of this Rider. The Rider's provisions shall control when there is a conflict between this Rider and the Contract. Any capitalized terms not defined in this Rider shall have the meaning given to them in the Contract.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!