Common use of Automatic Rebalancing Clause in Contracts

Automatic Rebalancing. [x] Note: Once elected on the Application, the Annuitant, Joint Annuitant, and Income Payment features cannot be changed. On and after the Income Start Date, the Owner has the right to:

Appears in 1 contract

Sources: Single Premium Immediate Variable Annuity Contract (Usl Separate Account Usl Va-R)

Automatic Rebalancing. [x] X Note: Once elected on the Application, the Annuitant, Joint Annuitant, and Income Payment features cannot be changed. -------------------------------------------------------------------------------- On and after the Income Start Date, the Owner has the right to:

Appears in 1 contract

Sources: Single Premium Immediate Variable Annuity Contract (Usl Separate Account Usl Va-R)