Choices to be Made. The Contract Holder may tell the Company to apply any portion of the Current Value (minus any premium tax) for an Annuity under Option 2, 3, or 4 (see 4.08). This election must be made in a form acceptable to us within the 90 day period ending on the date payments are to begin. A Contract Holder may revoke an election at any time prior to the date the payments start. In lieu of the election of an Annuity, the Contract Holder may tell us to make a lump sum payment. When an Annuity Option is chosen, we must also be told if payments are to be made other than monthly and whether to pay:
Appears in 4 contracts
Samples: Variable Annuity Acct C of Ing Life Insurance & Annuity Co, Variable Annuity Acct C of Ing Life Insurance & Annuity Co, Variable Annuity Acct C of Ing Life Insurance & Annuity Co
