Common use of Minimum Current Value Clause in Contracts

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option the Current Value is insufficient to make a scheduled ECO payment, Aetna will distribute the entire balance of the Individual Account.

Appears in 5 contracts

Sources: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co), Group Combination Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option the Current Value is insufficient to make a scheduled ECO SWO payment, Aetna will distribute the entire balance of the Individual Participant Account.

Appears in 1 contract

Sources: Group Contract (Information Analysis Inc)

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option the Current Value is insufficient to make a scheduled ECO SWO payment, Aetna will distribute the entire balance of the Individual Account.

Appears in 1 contract

Sources: Group Combination Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option option, the Current Value is insufficient to make a scheduled ECO payment, Aetna will distribute the entire balance of the Individual Participant Account.

Appears in 1 contract

Sources: Group Contract (Information Analysis Inc)

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option the Current Value is insufficient to make a scheduled ECO payment, Aetna will distribute the entire balance of the Individual AccountAccount(s).

Appears in 1 contract

Sources: Group Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Minimum Current Value. At its discretion, Aetna may require a minimum initial Current Value for election of this option. If after election of this option option, the Current Value is insufficient to make a scheduled ECO SWO payment, Aetna will distribute the entire balance of the Individual Account.

Appears in 1 contract

Sources: Group Combination Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)