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Common use of PAYMENT PLAN ELECTIONS Clause in Contracts

PAYMENT PLAN ELECTIONS. For Death Proceeds By Owner. The Owner may elect payment plans for death proceeds:

Appears in 2 contracts

Sources: Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Policy (Aerosonic Corp /De/)

Related Clauses

  • Deferral Election
  • Initial Election
  • 83(b) Election
  • Deferral Account
  • Change in Form or Timing of Distributions

Parent Clauses

  • Payment of Contract Benefits
  • TERMINATION OF CONTRACT
  • SEPARATE ACCOUNT
  • PAYMENT OF POLICY BENEFITS
  • Benefits

Sub-Clauses

  • DESCRIPTION OF PAYMENT PLANS
  • ALLOCATION OF BENEFITS
  • ANNUITY UNITS UNDER VARIABLE PAYMENT PLANS
  • PAYMENTS UNDER VARIABLE PAYMENT PLANS
  • Surrender Charge
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