Common use of Selection of Annuity Option Clause in Contracts

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, not later than one month before the Annuity Date. If you have not previously selected an Annuity Option, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — Life Income with Payments for a 10-Year Certain Period. Annuity Options — You may select from among the following Annuity Options. OPTION A — PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. OPTION B — LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant dies, whichever is later. If no certain period is selected, no payment will be made after the death of the Annuitant regardless of how many, or whether any, annuity income payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You may purchase any annuity option we offer on the date this option is elected.

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, selection by Written Notice received by the Company not later than one month 30 days before the Annuity Commencement Date. If you have not previously selected an Annuity OptionOption within 30 days of the Annuity Commencement Date, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying apply your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — B—Life Income with Payments for a 10-10 Year Certain Period. Annuity Options — Options—You may select from among the following Annuity Options. : OPTION A — A—PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. OPTION B — B—LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant Annuitant(s) is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant Annuitant(s) dies, whichever is later. If no certain period is selected, no payment payments will be made after stop upon the death of the Annuitant regardless of Annuitant(s) no matter how many, few or whether any, annuity income how many payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You may purchase any annuity option we offer on the date this option is elected.

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, not later than one month before the Annuity Date. If you have not previously selected an Annuity Option, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — - Life Income with Payments for a 10-Year Certain Period. Annuity Options — You may select from among the following Annuity Options. OPTION A — PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. OPTION B — LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant dies, whichever is later. If no certain period is selected, no payment will be made after the death of the Annuitant regardless of how many, or whether any, annuity income payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You may purchase any annuity option we offer on the date this option is elected.

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, not later than one month before the Annuity Date. If you have not previously selected an Annuity Option, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — - Life Income with Payments for a 10-Year Certain Period. NY-VDA-A-2006 [ 12/11 ] Annuity Options — You may select from among the following Annuity Options. OPTION A — PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. OPTION B — LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant dies, whichever is later. If no certain period is selected, no payment will be made after the death of the Annuitant regardless of how many, or whether any, annuity income payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You may purchase any annuity option we offer on the date this option is elected.

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, not later than one month before the Annuity Date. If you have not previously selected an Annuity Option, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — - Life Income with Payments for a 10-Year Certain Period. Annuity Options — – You may select from among the following Annuity Options. OPTION A — – PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. OPTION B — – LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant dies, whichever is later. If no certain period is selected, no payment will be made after the death of the Annuitant regardless of how many, or whether any, annuity income payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You may purchase any annuity option we offer on the date this option is elected.

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, selection by Written Notice received by the Company not later than one month 30 days before the Annuity Commencement Date. If you have not previously selected an Annuity OptionOption within 30 days of the Annuity Commencement Date, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying apply your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — - Life Income with Payments for a 10-10 Year Certain Period. Annuity Options — - You may select from among the following Annuity Options. : OPTION A — - PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. No certain period may be less than 10 years without our prior consent. OPTION B — - LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant Annuitant(s) is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant Annuitant(s) dies, whichever is later. If no certain period is selected, no payment payments will be made after stop upon the death of the Annuitant regardless of Annuitant(s) no matter how many, few or whether any, annuity income how many payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. No certain period may be less than 10 years without our prior consent. ADDITIONAL OPTION: You The Contract Value, less applicable premium tax, may be used to purchase any annuity option we offer on the date this option is elected.. Minimum Amounts - If your Contract Value is less than $2,000 on the Annuity Commencement Date, we reserve the right to pay the Contract Value in one lump sum. If at any time your annuity income payments are less than $20, we reserve the right to change the frequency of your income payments to an interval that will result in a payment amount at least equal to that amount. Guaranteed Purchase Rates - The guaranteed interest basis for fixed income payments, which is not applicable to variable income payments, is 1.5%. The mortality basis is the Annuity 2000 Mortality Table projected 4 years using the annual projection factors associated with the 1983 Individual Annuitant Mortality Table. One year will be deducted from the attained age of the Annuitant for every 3 completed years beyond the year 2004. Upon request, we will furnish you the guaranteed purchase rates for ages and periods not shown below. Annuity benefits available on the Annuity Commencement Date will not be less than those provided by the application of an equivalent amount to the purchase of a single premium immediate annuity contract offered by us on the Annuity Commencement Date to the same class of Annuitants for the same Annuity Option. Individual Flexible Premium Deferred Fixed and Variable Annuity Contract Non-Participating FIXED ANNUITY TABLES These tables illustrate the minimum fixed monthly annuity payments rates for each $1,000 applied. OPTION A TABLE OPTION B TABLE Payments for a Certain Period Life Income with or without a Certain Period Life with 10 Year Monthly Age of Life Only Certain Period Years Payment Annuitant Male Female Male Female 15 6.20 65 4.47 3.98 4.34 3.92 20 4.81 70 5.37 4.74 5.08 4.60 25 3.99 75 6.62 5.84 5.95 5.48 30 3.44 80 8.37 7.48 6.90 6.52 85 10.85 9.94 7.76 7.54 90 14.29 13.49 8.40 8.28 95 18.93 18.03 8.78 8.73 VARIABLE ANNUITY TABLES Payments will vary based on the investment experience of the Variable Account relative to the interest assumption of 4.75% and could be more or less than the payments shown. OPTION A TABLE OPTION B TABLE Payments for a Certain Period Life Income with or without a Certain Period Life with 10 Year Monthly Age of Life Only Certain Period Years Payment Annuitant Male Female Male Female 10 9.85 60 5.41 5.04 5.32 4.99 15 7.29 65 6.03 5.54 5.84 5.44 20 6.05 70 6.90 6.25 6.49 6.04 25 5.33 75 8.12 7.32 7.26 6.83 30 4.87 80 9.83 8.91 8.08 7.75 85 12.23 11.32 8.82 8.63 90 15.55 14.78 9.36 9.26 95 19.98 19.14 9.69 9.64

Selection of Annuity Option. You may select an Annuity Option, or instruct us to change your selection, selection by Written Notice received by the Company not later than one month 30 days before the Annuity Commencement Date. If you have not previously selected an Annuity OptionOption within 30 days of the Annuity Commencement Date, we will begin annuity income payments one month after the Annuity Date. Those payments will be established by applying apply your Contract Value as of the Valuation Period that includes the Annuity Date, less any applicable premium tax, to monthly fixed income payments under Option B — - Life Income with Payments for a 10-10 Year Certain Period. Annuity Options — - You may select from among the following Annuity Options. : OPTION A — - PAYMENTS FOR A CERTAIN PERIOD: We will make income payments for the period you select from among those available at the time you make your selection. No certain period may be less than 10 years without our consent. Payments under this Annuity Option do not depend on the life of an Annuitant. Fixed income payments under Option A may not be surrendered, but you may surrender variable income payments under Option A. No certain period may be less than 10 years without our prior consent. OPTION B — - LIFE INCOME WITH OR WITHOUT A CERTAIN PERIOD: Payments are based on the life of an Annuitant. We reserve the right to demand proof that the Annuitant Annuitant(s) is living prior to making any income payment. If you include a certain period, we will make payments for the lifetime of the Annuitant, with payments guaranteed for the certain period you select. No certain period may be less than 10 years without our consent. Payments stop at the end of the selected certain period or when the Annuitant Annuitant(s) dies, whichever is later. If no certain period is selected, no payment payments will be made after stop upon the death of the Annuitant regardless of Annuitant(s) no matter how many, few or whether any, annuity income how many payments have been made. If no certain period is selected and the Annuitant dies within one month of the Annuity Date but before any annuity income payment has been made, we will terminate this Contract and pay the Beneficiary the amount applied to the Annuity Option. Neither fixed nor variable income payments under Option B may be surrendered. ADDITIONAL OPTION: You No certain period may purchase any annuity option we offer on the date this option is electedbe less than 10 years without our prior consent.