Annuity Benefit definition

Annuity Benefit means a benefit payable by us as described in Part VII.

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Annuity Benefit means a benefit payable by us as described in Part VIII.

Annuity Benefit means a benefit payable by Equitable pursuant to Part VII of this Contract.

Examples of Annuity Benefit in a sentence

• If you elect pursuant to Section 8.01 to have an Annuity Benefit paid in lieu of the Cash Value, then the amount applied to provide the Annuity Benefit will, unless otherwise stated in the Data Pages or required by applicable laws or regulations, be (i) the Annuity Account Value if the annuity form elected provides payments for a person’s remaining lifetime or (ii) the Cash Value if the annuity form elected does not provide such lifetime payments.

• The balance will be used to purchase the Annuity Benefit on the basis of the Tables of Guaranteed Annuity Payments, shown in the Data Pages.

• Subject to the provisions of this section, you may request commencement of an Annuity Benefit before and including the Contract Maturity Date but no less than thirteen months or any other period specified in an Endorsement or Rider attached to this Contract, following the Contract Date.

• The amount applied to provide an Annuity Benefit may be reduced by a charge for any taxes which apply on annuity purchase payments.

• As of the Contract Maturity Date, the Annuity Account Value will be applied to provide for the Normal Form of Annuity Benefit (described below).

More Definitions of Annuity Benefit

Annuity Benefit means a benefit payable by us pursuant to Section 3.04 of this Contract. Various Sections of this Contract (Sections 1.15, 1.16, 1.17, 3.01 and 3.02) refer to "monthly payments" to be made under an Annuity Benefit. The Owner may wish to have your Annuity Benefit paid at other intervals, such as quarterly, semi-annually, or annually, instead of monthly. The Owner may elect this at the time the Annuity Benefit form is elected as described in Section 3.03; in that event, all references in this Contract to "monthly payments" will be deemed to mean payments at the frequency you elect subject to our rules at the time of election.

Annuity Benefit means a series of monthly payments with respect to a specified person or persons payable in a specified dollar amount.

Annuity Benefit. The payments that may be made under the ANNUITY BENEFIT section of this Contract.

Annuity Benefit means a benefit payable by us pursuant to the Part, “Annuity Benefits and Required Minimum Distributions”.

Annuity Benefit means a benefit payable periodically by AXA Equitable pursuant to the Section “Annuity Benefits” of this Contract.

Annuity Benefit means a non-profit immediate annuity or non-profit deferred annuity to be provided on vesting of a PLAE WP Fund Policy (including where such vesting arises on retirement or death, or where a deferred annuity comes into payment) where: (i) the principal benefits of the Policy are expressed in terms of an annuity; or (ii) the Policy contains an option and/or contains another term, which requires annuities to be issued at a guaranteed rate or for a guaranteed minimum amount per annum

Annuity Benefit means a Fixed Annuity or Variable Annuity payable by AXA Equitable pursuant to Part VII of this Contract.