Common use of Designation of Annuitant Clause in Contracts

Designation of Annuitant. The Certificate Holder and the Annuitant need not be the same person. The Certificate Holder names the Annuitant and during the Accumulation Period, may change the designated Annuitant. We change the Annuitant when We receive a written request in good order at our Home Office. We will not change the Annuitant when Annuity payments have commenced. The Certificate Holder elects an Annuity Option by telling Us to use all or any portion of the Certificate Holder's Adjusted Account Value (minus any applicable premium taxes if not previously deducted) to purchase Annuity payments under an Annuity Option. When an Annuity Option is chosen the Certificate Holder must designate a:

Appears in 4 contracts

Samples: Variable Annuity Account B of Aetna Life Ins & Annuity Co, Variable Annuity Account I of Aetna Insurance Co of America, Variable Annuity Account B of Aetna Life Ins & Annuity Co

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Designation of Annuitant. The Certificate Holder and the Annuitant need not be the same person. The Certificate Holder names the Annuitant and during the Accumulation Period, may change the designated Annuitant. We change the Annuitant when We receive a written request in good order at our Home Office. We will not change the Annuitant when Annuity payments have commenced. The Certificate Holder elects an Annuity Option by telling Us to use all or any portion of the Certificate Holder's Adjusted Account Value (minus any applicable premium taxes if not previously deducted) to purchase Annuity payments under an Annuity Option. When an Annuity Option is chosen the Certificate Holder must designate a:: xxxxx://xxx.xxx.xxx/Archives/xxxxx/data/925981/0000950146-98-000663.txt 03/26/2018

Appears in 1 contract

Samples: VOYA RETIREMENT INSURANCE & ANNUITY Co

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