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Variable annuity annuitization request form from Gen worth Life and Annuity Insurance Company and Gen worth Life Insurance Company of New York Gen worth Life & Annuity Gen worth Life of New York Tel:
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What is variable annuity annuitization request?
A variable annuity annuitization request is a formal request made by the owner of a variable annuity contract to begin receiving periodic payments from the annuity.
Who is required to file variable annuity annuitization request?
The owner of the variable annuity contract is required to file the annuitization request.
How to fill out variable annuity annuitization request?
To fill out a variable annuity annuitization request, the owner of the contract needs to provide their personal information, the desired annuitization start date, the payment frequency, and any other required details specified by the annuity provider.
What is the purpose of variable annuity annuitization request?
The purpose of a variable annuity annuitization request is to initiate the conversion of the accumulated value in a variable annuity contract into a stream of regular income payments.
What information must be reported on variable annuity annuitization request?
The variable annuity annuitization request typically requires the reporting of the annuitant's personal information, such as name, address, Social Security number, as well as the desired payment frequency, annuitization start date, and any optional features or riders.
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