to us. If you convert only a portion of the Net Contract Value on the Annuity Date, you may, at that time, elect not to have the remainder of the Net Contract Value distributed, but instead to continue the Contract with that remaining Contract Value. This option may or may not be available, or may be available only for certain types of Contracts. If this option is available and you elect it, you would choose a second Annuity Date for such Contract Value. All references in this Contract to the Annuity Start Date (or Annuity Date) would, with regard to such Contract Value, be deemed to refer to that second Annuity Date. The second Annuity Date may not be after the Annuitant’s 90th birthday or the tenth (10th) Contract Anniversary. You should consult with your tax adviser for more information if you desire this option.
Appears in 4 contracts
Samples: Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Separate Account a of Pacific Life & Annuity Co
to us. If you convert only a portion of the Net Contract Value on the Annuity Date, you may, at that time, elect not to have the remainder of the Net Contract Value distributed, but instead to continue the Contract with that remaining Contract Value. This option may or may not be available, or may be available only for certain types of Contracts. If this option is available and you elect it, you would choose a second Annuity Date for such Contract Value. All references in this Contract to the Annuity Start Date (or Annuity Date) would, with regard to such Contract Value, be deemed to refer to that second Annuity Date. The second Annuity Date may not be after the Annuitant’s 90th birthday or the tenth (10th) Contract Anniversary95th birthday. You should consult with your tax adviser for more information if you desire this option.
Appears in 3 contracts
Samples: Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co, Separate Account a of Pacific Life Insurance Co
to us. If you convert only a portion of the Net Contract Value on the Annuity Date, you may, at that time, elect not to have the remainder of the Net Contract Value distributed, but instead to continue the Contract with that remaining Contract Value. This option may or may not be available, or may be available only for certain types of Contracts. If this option is available and you elect it, you would choose a second Annuity Date for such Contract Value. All references in this Contract to the Annuity Start Date (or Annuity Date) would, with regard to such Contract Value, be deemed to refer to that second Annuity Date. The second Annuity Date may not be after later than the Annuitant’s 90th birthday or the tenth (10th) Contract Anniversary. You should consult with your tax adviser for more information if you desire this option.
Appears in 2 contracts
Samples: Read Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Separate Account a of Pacific Life & Annuity Co
to us. If you convert only a portion of the Net Contract Value on the Annuity Date, you may, at that time, elect not to have the remainder of the Net Contract Value distributed, but instead to continue the Contract with that remaining Contract Value. This option may or may not be available, or may be available only for certain types of Contracts. If this option is available and you elect it, you would choose a second Annuity Date for such Contract Value. All references in this Contract to the Annuity Start Date (or Annuity Date) would, with regard to such Contract Value, be deemed to refer to that second Annuity Date. The second Annuity Date may not be after later than the Annuitant’s 90th birthday or the tenth (10th) Contract AnniversaryAnniversary . You should consult with your tax adviser for more information if you desire this option.
Appears in 1 contract
