ANNUITY PROVISIONS. Annuitization When annuitization occurs, the contract value, less any applicable Market Value Adjustment will be applied to make annuity payments. The first payment will be made as of the retirement date. This date is shown under Contract Data. Before payments begin we will require satisfactory proof that the annuitant is alive. We may also require that you exchange this contract for a supplemental contract which provides the annuity payments.
Appears in 8 contracts
Samples: American Enterprise Variable Annuity Account, American Enterprise Variable Annuity Account, American Enterprise Variable Annuity Account
ANNUITY PROVISIONS. Annuitization When annuitization occurs, the contract value, less any applicable Market Value Adjustment value will be applied to make annuity payments. The first payment will be made as of the retirement date. This date is shown under Contract Data. Before payments begin we will require satisfactory proof that the annuitant is alive. We may also require that you exchange this contract for a supplemental contract which provides the annuity payments.
Appears in 5 contracts
Samples: American Express Platinum Variable Annuity Sm, American Enterprise Variable Annuity Account, Acl Variable Annuity Account 2
ANNUITY PROVISIONS. Annuitization When annuitization occurs, the contract value, less any applicable Market Value Adjustment value will be applied to make annuity payments. The first payment will be made as of the retirement date. This date is shown under Contract Data. Before payments begin we will require satisfactory proof that the annuitant is alive. We may also require that you exchange this contract for a supplemental contract contract, which provides for the annuity payments.
Appears in 2 contracts
Samples: Acl Variable Annuity Account 2, Acl Variable Annuity Account 2
ANNUITY PROVISIONS. Annuitization When annuitization occurs, the contract value, less any applicable Market Value Adjustment value will be applied to make annuity payments. The first fist payment will be made as of the retirement date. This date is shown under Contract Data. Before payments begin we will require satisfactory proof that the annuitant is alive. We may also require that you exchange this contract for a supplemental contract which provides the annuity payments.
Appears in 1 contract
