Examples of Annuity Option in a sentence

We reserve the right to defer collection of Premium Taxes until surrender or until application of Accumulation Value to an Annuity Option.
It may be either a fixed or a variable amount based on the Annuity Option chosen.
Second, you may choose the form of annuity payments (Annuity Option).
The dollar amount of any payments after the first annuity payment is specified during the annuity payment period according to the provisions of the elected Annuity Option.
Once Annuity Payments commence, the Annuity Option may not be changed.

More Definitions of Annuity Option

Annuity Option means the manner in which the Cash 4 Life jackpot prize or second-level prize level may be paid in annual installments.

Annuity Option means the manner in which the MONOPOLY Millionaires’ Club top prize may be paid in annual installments.

Annuity Option means one of the options chosen by the Policy- holder/Annuitant at Policy Commencement Date, as specified in the Schedule and as detailed in Section 2) below.

Annuity Option. Under the option "Payments for a Stated Period of Time": For amounts invested in the GA Account or one or more of the Fund(s), the number of years must be at least [five (5)] and not more than [thirty (30)] and the Annuity may be a Fixed or Variable Annuity. For amounts invested in the Fixed Plus Account, the number of years must be at least [five (5)] and not more than [thirty (30)] and the Annuity must be a Fixed Annuity. Fixed Annuity -------------------------------------------------------------------------------- Minimum Guaranteed Interest [3%] (effective annual rate of return). Rate: See Section 1. - DEFINITIONS for explanations.

Annuity Option means one of the Actuarially Equivalent annuity forms set forth in Section 4.8(b).

Annuity Option means shall mean the annuity option chosen by You and appearing in the Policy Schedule;