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ANNUITY PAYMENT PLAN ELECTION Owner\'s Daytime Telephone NumberContract Underpayment ELECTION I, the contract owner, request, in lieu of all benefits otherwise payable to me, that the proceeds of
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Payout options determine how recipients receive their payments, such as through direct deposit, check, or other methods.
Recipients of payments are required to choose their preferred payout option.
Recipients can typically fill out payout options online or by contacting the payment issuer.
The purpose of payout options is to ensure recipients receive their payments in a convenient and timely manner.
Payout options may require recipients to provide personal information, such as bank account details or mailing address.
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