Examples of Withdrawal Amount in a sentence
ANNUITIZATION On the maximum Annuity Commencement Date, as described in Your policy, You will have the option to receive lifetime income payments that are no less than Your Rider Withdrawal Amount each year.
No partial withdrawals of the Withdrawal Amount shall be allowed.
WITHDRAWAL PERCENTAGE The Withdrawal Percentage is used to calculate the Rider Withdrawal Amount.
Also, if the Policy Value equals zero and the rider remains in force, we will, unless instructed otherwise, make payments using the current payment instructions on file with us that are equal to the Rider Withdrawal Amount divided by the frequency of payments.
The lifetime income payments must begin no later than 1 year after the Owner’s death and will be equal to the Rider Withdrawal Amount divided by the number of payments made per year.