Common use of ANNUITY AND SETTLEMENT OPTIONS Clause in Contracts

ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 2 Table shows the minimum amounts we will pay.

Appears in 3 contracts

Samples: Pruco Life Flexible Premium Variable Annuity Account, Pruco Life Inurance Co of New Jersey FLXBL Prmium Var Ann Ac, Pruco Life Flexible Premium Variable Annuity Account

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ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - -- FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 1 Table shows the minimum amounts we will pay. OPTION 2 - -- LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 2 Table shows the minimum amounts we will pay.

Appears in 2 contracts

Samples: Pruco Life Flexible Premium Variable Annuity Account, Pruco Life Inurance Co of New Jersey FLXBL Prmium Var Ann Ac

ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option 2 Table shows the minimum amounts we will pay.. OPTION 3-

Appears in 1 contract

Samples: Pruco Life Flexible Premium Variable Annuity Account

ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 2 Table shows the minimum amounts we will pay.

Appears in 1 contract

Samples: Pruco Life Flexible Premium Variable Annuity Account

ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 yearsyears based on the Adjusted Contract Value on the Annuity Date. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 2 Table shows the minimum amounts we will pay.

Appears in 1 contract

Samples: Pruco Life Insurance Co

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ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. 27 OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 2 Table shows the minimum amounts we will pay.

Appears in 1 contract

Samples: Pruco Life Flexible Premium Variable Annuity Account

ANNUITY AND SETTLEMENT OPTIONS. This Contract provides for payments under one of the Annuity or Settlement Options described below. Any other Annuity or Settlement Option acceptable to us may be selected. OPTION 1 - FIXED PERIOD ANNUITY OPTION. We will make equal payments for a period you choose up to 25 years. At your choice, we will make such payments annually, semi-annually, quarterly quarterly, or monthly. The Option Table 1 Table shows the minimum amounts we will pay. OPTION 2 - LIFE INCOME ANNUITY OPTION. We will make payments for as long as the Annuitant lives, with payments certain for 120 months. At your choice, we will make such payments annually, semi-annually, quarterly or monthly. The Option Table 2 Table shows the minimum amounts we will pay.

Appears in 1 contract

Samples: Pruco Life Flexible Premium Variable Annuity Account

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