Common use of ANNUITY PAYMENT OPTIONS Clause in Contracts

ANNUITY PAYMENT OPTIONS. During the Annuitant's life, upon written election and the return of this Contract to the Company at its Annuity Service Center, the Contract Value may be applied to provide one of the following options or any annuity payment option that is mutually agreeable. After two years from the Contract Date, and prior to the Annuity Date, You can choose one of the options described

Appears in 2 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Variable Separate Account of Anchor National Life Insur Co

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ANNUITY PAYMENT OPTIONS. During the Annuitant's ’s life, upon written election and the return of this Contract to the Company at its Annuity Service Center, the Contract Value may be applied to provide one of the following options or any annuity payment option that is mutually agreeable. After two years from the Contract Date, and prior to the Annuity Date, You can choose one of the options describeddescribed below. If no option has been selected by the Annuity Date, You will automatically receive option 4, below, with 120 monthly payments guaranteed.

Appears in 2 contracts

Samples: Fs Variable Annuity Account Five, Fs Variable Separate Account

ANNUITY PAYMENT OPTIONS. During the Annuitant's life, upon written election and the return of this Contract to the Company at its Annuity Service Center, the Contract Value may be applied to provide one of the following options or any annuity payment option that is mutually agreeable. After two years one year from the Contract Date, and prior to the Annuity Date, You can choose one of the options describeddescribed below. If no option has been selected by the Annuity Date, You will automatically receive Option 4 below, with payments for 10 years guaranteed.

Appears in 2 contracts

Samples: Fs Variable Separate Account, Fs Variable Separate Account

ANNUITY PAYMENT OPTIONS. During the Annuitant's life, upon written election and the return of this Contract to the Company at its Annuity Service Center, the Contract Value may be applied to provide one of the following options or any annuity payment option that is mutually agreeable. After two years from the Contract Date, and prior to the Annuity Date, You can choose one of the options describeddescribed below. If no option has been selected by the Annuity Date, You will automatically receive option 4, below, with 120 monthly payments guaranteed.

Appears in 1 contract

Samples: Fs Variable Separate Account

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ANNUITY PAYMENT OPTIONS. During the Annuitant's life, upon written election and the return of this Contract to the Company at its Annuity Service Center, the Contract Value may be applied to provide one of the following options or any annuity payment option that is mutually agreeable. After two years from the Contract Date, and prior to the Annuity Date, You can choose one of the options describeddescribed below. If no option has been selected by the Annuity Date, You will automatically receive option 4, below, with 10 years of monthly payments guaranteed.

Appears in 1 contract

Samples: Variable Annuity Account Seven

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