Common use of ANNUITY OPTION Clause in Contracts

ANNUITY OPTION. If the beneficiary is the surviving spouse of the deceased Owner, he or she may choose to receive payments under any of the annuity options of this Contract. For any other beneficiary, only those options are available that provide for full payment of such Owner's interest in the Contract:

Appears in 4 contracts

Samples: Merrill Lynch Life Variable Annuity Separate Account A, Ml of New York Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account A

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ANNUITY OPTION. If the beneficiary is the surviving spouse of the deceased Owner, he or she may choose to receive payments under any of the annuity options Annuity Options of this Contract. For any other beneficiary, only those options are available that provide for full payment of such Owner's interest in the Contract:

Appears in 2 contracts

Samples: Merrill Lynch Life Variable Annuity Separate Account A, Merrill Lynch Life Variable Annuity Separate Account C

ANNUITY OPTION. If the beneficiary Beneficiary is the surviving spouse of the deceased Owner, he or she may choose to receive payments under any of the annuity options Annuity Options of this Contract. For any other beneficiary, only those options are available that provide for full payment of such Owner's interest in the Contract:

Appears in 1 contract

Samples: Merrill Lynch Life Variable Annuity Separate Account D

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ANNUITY OPTION. If the beneficiary Beneficiary is the surviving spouse of the deceased Owner, he or she may choose to receive payments under any of the annuity options of this Contract. For any other beneficiaryBeneficiary, the only options available are those options are available that provide for full payment of such Owner's interest in the Contract:

Appears in 1 contract

Samples: Merrill Lynch Life Insurance Company

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