ANNUITY PERIOD Clause Samples
The "Annuity Period" clause defines the specific timeframe during which annuity payments are made to a beneficiary or policyholder. Typically, this period begins on a predetermined start date and continues for a set number of years or for the lifetime of the annuitant, depending on the terms of the contract. By clearly establishing when payments commence and end, the clause ensures both parties understand the duration of financial obligations, thereby preventing disputes and providing certainty regarding the flow of payments.
ANNUITY PERIOD. The period during which Annuity Payments are made.
ANNUITY PERIOD. The period concurrent with or following the Accumulation Period, during which an Annuitant's annuity payments are made.
ANNUITY PERIOD. The period of time beginning with the Annuity Date during which Annuity Payments are made.
ANNUITY PERIOD. 8 1.11 Beneficiary................................................. 9 1.12
ANNUITY PERIOD. 8 1.11 Beneficiary ................................................. 9 1.12 Claim Date .................................................. 9 1.13 Code ........................................................ 9 1.14 Contract .................................................... 9 1.15
ANNUITY PERIOD. The period in the Contract, following the Accumulation Period, during which actual annuity payments are made.
ANNUITY PERIOD. Separate Account - -------------------------------------------------------------------------------- Charges to Separate A daily charge at an annual effective rate of Account: 1.25% for Annuity mortality and expense risks. The administrative charge is established upon election of an Annuity option. This charge will not exceed 0.25%. Variable Annuity Assumed If a Variable Annuity is chosen, an assumed annual Annual Net Return Rate: net return rate of 5.0% may be elected. If 5.0% is not elected, Aetna will use an assumed annual net The assumed annual net return rate factor for 3.5% per year is 0.9999058. The assumed annual net return rate factor for 5.0% per year is 0.9998663. If the portion of a Variable Annuity payment for any Fund is not to decrease, the Annuity return factor under the Separate Account for that Fund must be: (a) 4.75% on an annual basis plus an annual return of up to 0.25% to offset the administrative charge set at the time Annuity payments commence if an assumed annual net return rate of 3.5% is chosen; or (b) 6.25% on an annual basis plus an annual return of up to 0.25% to offset the administrative charge set at the time Annuity payments commence, if an assumed annual net return rate of 5% is chosen.
ANNUITY PERIOD. The period, which begins on the Annuity Date and ends with the last Annuity Payment.
ANNUITY PERIOD. The period of time during which we make Annuity payments.
ANNUITY PERIOD. The period in the Contract, following the Accumulation Period, during which actual annuity payments are made.