diff --git a/charts/ingress-nginx/README.md b/charts/ingress-nginx/README.md
index 53657e56f..d5a2c3ca8 100644
--- a/charts/ingress-nginx/README.md
+++ b/charts/ingress-nginx/README.md
@@ -159,7 +159,7 @@ controller:
       enabled: true
       annotations:
         # Create internal ELB
-        service.beta.kubernetes.io/aws-load-balancer-internal: 0.0.0.0/0
+        service.beta.kubernetes.io/aws-load-balancer-internal: "true"
         # Any other annotation can be declared here.
 ```
 
diff --git a/charts/ingress-nginx/ci/daemonset-internal-lb-values.yaml b/charts/ingress-nginx/ci/daemonset-internal-lb-values.yaml
index 443e39d8b..d8948d634 100644
--- a/charts/ingress-nginx/ci/daemonset-internal-lb-values.yaml
+++ b/charts/ingress-nginx/ci/daemonset-internal-lb-values.yaml
@@ -7,4 +7,4 @@ controller:
     internal:
       enabled: true
       annotations:
-        service.beta.kubernetes.io/aws-load-balancer-internal: 0.0.0.0/0
+        service.beta.kubernetes.io/aws-load-balancer-internal: "true"
diff --git a/charts/ingress-nginx/ci/deployment-internal-lb-values.yaml b/charts/ingress-nginx/ci/deployment-internal-lb-values.yaml
index 892f6de3f..c7f22d636 100644
--- a/charts/ingress-nginx/ci/deployment-internal-lb-values.yaml
+++ b/charts/ingress-nginx/ci/deployment-internal-lb-values.yaml
@@ -6,4 +6,4 @@ controller:
     internal:
       enabled: true
       annotations:
-        service.beta.kubernetes.io/aws-load-balancer-internal: 0.0.0.0/0
+        service.beta.kubernetes.io/aws-load-balancer-internal: "true"