Common use of DESCRIPTION OF PAYMENT PLANS Clause in Contracts

DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS

Appears in 5 contracts

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

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DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD Installment Income for Specified Period (OPTION Option B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract Contract years and over a specified period of 5 to 30 years beginning with the sixth contract Contract year. LIFE INCOME PLANSLife Income Plans

Appears in 4 contracts

Samples: NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co, NML Variable Annuity Acct C of Northwestern Mut Life Ins Co

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DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS.

Appears in 2 contracts

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

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