Common use of Annuity Payments Clause in Contracts

Annuity Payments. An election to receive payments under an Annuity Payment Option must be made before the Maturity Date. If an Annuity Payment Option is not chosen before the Maturity Date, payments will commence to the Owner on the Maturity Date under the Annuity Payment Option which provides a life annuity with annuity payments guaranteed for 10 years. The Maturity Date may be deferred upon request (either in writing or through the Internet Service Center) by the Owner and any Beneficiary who cannot be changed. Purchase Payments may be made until the new Maturity Date.

Annuity Payments. An election to receive payments under an Annuity Payment Option must be made before by the Maturity Date. If an Annuity Payment Option is not chosen before prior to the Maturity Date, payments will commence to the Owner on the Maturity Date under the Annuity Payment Option which provides providing a life annuity Life Annuity with annuity payments guaranteed for 10 years. The Maturity Date may be deferred upon is set forth on Page 3. Upon written request (either in writing or through the Internet Service Center) by the Owner and any Beneficiary who cannot be changed, the Maturity Date may be deferred. Purchase Payments may be made until the new Maturity Date.

Annuity Payments. An election to receive payments under an Annuity Payment Option must be made before the Maturity Income Date. If an Annuity Payment Option is not chosen before the Maturity Income Date, payments will commence to the Owner Annuitant on the Maturity Income Date under the Annuity Payment Option which provides a life annuity with annuity payments guaranteed for 10 years. The Maturity Income Date may be deferred upon request (either in writing or through the Internet Service Center) by the Owner and any Beneficiary who cannot be changed. Purchase Payments may be made until the new Maturity Income Date.

Annuity Payments. An election to receive payments proceeds under an Annuity Payment Option must be made before by the Maturity Date. If an Annuity Payment Option is not chosen before prior to the Maturity Date, annuity payments will commence to the Owner on the Maturity Date under the Annuity Payment Option which provides providing a life annuity Life Annuity with annuity payments Annuity Payments guaranteed for 10 years. The Maturity Date may be deferred However, upon written request (either in writing or through the Internet Service Center) by the Owner and any Beneficiary who cannot be changed. Purchase Payments , the Maturity Date may be made until deferred. If the new Maturity DateDate extends beyond age 85, LNL reserves the right to restrict the availability of certain Annuity Payment Options.