Common use of ALTERNATIVE PAYMENT PLANS Clause in Contracts

ALTERNATIVE PAYMENT PLANS. If upon your death your beneficiary does not wish to elect one of the irrevocable annuity payment plans (A through E) described in the Contract, in lieu of distributing your entire interest in a lump sum, your designated beneficiary may choose to receive payments according to an alternative plan as agreed to by us provided:

Appears in 5 contracts

Samples: Acl Variable Annuity Account 1, Riversource of New York Variable Annuity Account 2, Acl Variable Annuity Account 2

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ALTERNATIVE PAYMENT PLANS. If If, upon your death your beneficiary does not wish to elect one of the irrevocable annuity payment plans (A through E) described in the Contract, in lieu of distributing your entire interest in a lump sum, your designated beneficiary may choose to receive payments according to an alternative plan as agreed to by us provided:

Appears in 4 contracts

Samples: Acl Variable Annuity Account 2, Acl Variable Annuity Account 2, Riversource of New York Variable Annuity Account 2

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ALTERNATIVE PAYMENT PLANS. If upon your death your beneficiary does not wish to elect one of the irrevocable annuity payment plans (A through E) described in the Contractcontract, in lieu of distributing your entire interest in a lump sum, your designated beneficiary may choose to receive payments according to an alternative plan as agreed to by us provided:

Appears in 1 contract

Samples: Riversource of New York Variable Annuity Account 2

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