Common use of Withdrawals and Loans Clause in Contracts

Withdrawals and Loans. While participating in the ESP Program, partial withdrawals, loans and surrenders are permitted. A partial withdrawal will reduce the penalty-free allowance provision which might otherwise be available for Customized Payments made later in that year. We may terminate Interest Income Payments if you take a withdrawal and your contract is a non-qualified annuity that is aggregated with another contract for tax purposes under the serial contract rule.

Withdrawals and Loans. While participating in the ESP Program, partial withdrawals, loans loans, and surrenders are permitted. A partial withdrawal will reduce the penalty-free allowance provision which might otherwise be available for Customized Payments made later in that year. We may terminate Interest Income Payments if you take a withdrawal and your contract is a non-qualified annuity that is aggregated with another contract for tax purposes under the serial contract rule.. EASY SYSTEMATIC PAYMENT (ESP) PROGRAM

Withdrawals and Loans. While participating in the ESP Program, partial withdrawals, loans and surrenders are permitted. A partial withdrawal will reduce the 10% penalty-free allowance provision which might otherwise be available for Customized Payments made later in that year. We may terminate Interest Income Payments if you take a withdrawal and your contract is a non-qualified annuity that is aggregated with another contract for tax purposes under the serial contract rule.EASY SYSTEMATIC PAYMENT (ESP) PROGRAM