Common use of Life Income Plans Clause in Contracts

Life Income Plans. Single Life Income (Option C). The Company will make monthly payments for the selected certain period, if any, and thereafter during the remaining lifetime of the individual upon whose life income payments depend. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years.

Appears in 5 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Account B, NML Variable Annuity Account A

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Life Income Plans. Single Life Income SINGLE LIFE INCOME (Option OPTION C). The Company will make monthly payments for the selected certain period, if any, and thereafter during the remaining lifetime of the individual upon whose life income payments depend. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years.. - JOINT AND SURVIVOR LIFE INCOME (OPTION E). The Company will make monthly payments for a 10-year certain period and thereafter during the joint lifetime of the two individuals upon whose lives income payments depend and continuing during the remaining lifetime of the survivor. -

Appears in 2 contracts

Samples: NML Variable Annuity Account B, NML Variable Annuity Account B

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