Basis of Computations. The actuarial basis for the fixed Annuity Option Tables is the 1983a Annuity Mortality Table with the ages set back ten (10) years with interest at an annual rate of 3%. The rates for variable annuity payments are based on an assumed investment return of 5% per year and the 1983a Annuity Mortality Table with the ages set back ten (10) years. Rates Not Shown – Any rates and/or ages not shown in the tables contained in this Contract will be provided by the Company upon request. OPTIONS 1 AND 2 LIFE ONLY OR LIFE WITH GUARANTEED PERIOD CERTAIN OF 10 AND 20 YEARS Fixed Annuity Rates Male at 3% Female at 3% Unisex at 3% Life with Life with Life with Guaranteed Guaranteed Guaranteed Life Period Certain Life Period Certain Life Period Certain Age Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. 30 3.04 3.03 3.03 2.93 2.93 2.93 2.99 2.98 2.98 35 3.14 3.14 3.13 3.02 3.02 3.01 3.08 3.08 3.07 40 3.28 3.27 3.26 3.13 3.12 3.12 3.20 3.20 3.19 45 3.44 3.44 3.41 3.26 3.26 3.24 3.35 3.35 3.33 50 3.66 3.64 3.60 3.42 3.42 3.40 3.54 3.54 3.50 55 3.93 3.90 3.82 3.63 3.63 3.59 3.78 3.77 3.71 60 4.27 4.22 4.08 3.90 3.89 3.82 4.09 4.06 3.96 65 4.70 4.62 4.39 4.25 4.22 4.11 4.48 4.43 4.25 70 5.28 5.14 4.71 4.72 4.66 4.44 5.00 4.90 4.58 75 6.10 5.81 5.02 5.35 5.22 4.79 5.73 5.52 4.92 80 7.23 6.61 5.27 6.25 5.96 5.12 6.74 6.30 5.20 85 8.82 7.49 5.42 7.56 6.89 5.35 8.18 7.20 5.39 90 11.06 8.33 5.49 9.53 7.89 5.47 10.28 8.12 5.48 95 14.16 8.97 5.51 12.48 8.74 5.50 13.30 8.86 5.51 Variable Annuity Rates Male at 5% Female at 5% Unisex at 5% Life with Life with Life with Guaranteed Guaranteed Guaranteed Life Period Certain Life Period Certain Life Period Certain Age Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. 30 4.38 4.37 4.36 4.29 4.29 4.29 4.34 4.33 4.33 35 4.46 4.46 4.44 4.36 4.35 4.35 4.41 4.41 4.40 40 4.57 4.56 4.54 4.44 4.44 4.42 4.51 4.50 4.49 45 4.71 4.70 4.67 4.55 4.54 4.52 4.63 4.62 4.60 50 4.91 4.89 4.82 4.69 4.68 4.65 4.80 4.78 4.74 55 5.16 5.12 5.02 4.87 4.86 4.81 5.02 4.99 4.92 60 5.48 5.41 5.24 5.12 5.09 5.01 5.30 5.26 5.13 65 5.89 5.79 5.51 5.44 5.40 5.26 5.67 5.60 5.39 70 6.46 6.28 5.80 5.89 5.80 5.55 6.18 6.05 5.68 75 7.27 6.91 6.08 6.51 6.34 5.87 6.89 6.64 5.98 80 8.41 7.68 6.29 7.39 7.05 6.16 7.90 7.38 6.23 85 10.02 8.52 6.43 8.72 7.93 6.37 9.36 8.24 6.40 90 12.29 9.30 6.49 10.71 8.88 6.47 11.49 9.10 6.48 95 15.42 9.90 6.51 13.70 9.68 6.50 14.55 9.80 6.51 28 OPTION 3 — JOINT AND 50% SURVIVOR LIFE Primary Annuitant Male Age 60 65 70 75 80 85 Female ...
Basis of Computations. The actuarial basis for the fixed Annuity Option Tables is the 1983a Annuity Mortality Table with the ages set back ten (10) years with interest at an annual rate of 3%. The rates for variable annuity payments are based on an assumed investment return of 4% per year and the 1983a Annuity Mortality Table with the ages set back ten (10) years. Rates Not Shown — We will provide rates for any payment frequency, interest rate, Age or sex, combinations thereof, and/or payout percentage for any Annuity Option, if applicable, that we offer if they are not shown in the tables. Annuity benefits will not be less than those that would have been provided by the application of an amount to purchase any single consideration immediate annuity offered by us at the time annuity payments commence to the same class annuitant. The amount shall be the greater of the withdrawal proceeds or 95% of what the withdrawal proceeds would be if there were no withdrawal charges. OPTIONS 1 AND 2 LIFE ONLY OR LIFE WITH PERIOD CERTAIN OF 10 AND 20 YEARS Fixed Annuity Rates Fixed Annuity Rates Male at 3% Female at 3% Option 1 Option 2 Option 1 Option 2 Life with Period Certain Life with Period Certain Age Life Only 10 Years 20 Years Life Only 10 Years 20 Years 30 3.04 3.03 3.03 2.93 2.93 2.93 35 3.14 3.14 3.13 3.02 3.02 3.01 40 3.28 3.27 3.26 3.13 3.12 3.12 45 3.44 3.44 3.41 3.26 3.26 3.24 50 3.66 3.64 3.60 3.42 3.42 3.40 55 3.93 3.90 3.82 3.63 3.63 3.59 60 4.27 4.22 4.08 3.90 3.89 3.82 65 4.70 4.62 4.39 4.25 4.22 4.11 70 5.28 5.14 4.71 4.72 4.66 4.44 75 6.10 5.81 5.02 5.35 5.22 4.79 80 7.23 6.61 5.27 6.25 5.96 5.12 85 8.82 7.49 5.42 7.56 6.89 5.35 90 11.06 8.33 5.49 9.53 7.89 5.47 95 14.16 8.97 5.51 12.48 8.74 5.50 Variable Annuity Rates Variable Annuity Rates Male at 4% Female at 4% Option 1 Option 2 Option 1 Option 2 Life with Period Certain Life with Period Certain Age Life Only 10 Years 20 Years Life Only 10 Years 20 Years 30 3.69 3.69 3.68 3.60 3.59 3.59 35 3.79 3.78 3.77 3.67 3.67 3.66 40 3.91 3.90 3.88 3.77 3.76 3.75 45 4.06 4.06 4.02 3.89 3.88 3.87 50 4.27 4.25 4.20 4.04 4.03 4.01 55 4.53 4.50 4.40 4.24 4.23 4.18 60 4.86 4.81 4.65 4.50 4.47 4.40 65 5.29 5.20 4.94 4.84 4.86 4.67 70 5.86 5.70 5.24 5.29 5.22 4.98 75 6.68 6.35 5.54 5.92 5.77 5.32 80 7.82 7.14 5.77 6.81 6.50 5.63 85 9.41 8.00 5.91 8.14 7.40 5.85 90 11.68 8.81 5.98 10.12 8.38 5.96 95 14.79 9.43 6.00 13.08 9.21 6.00 OPTION 3 — JOINT AND 50% SURVIVOR LIFE Primary Annuitant Male Age 60 65 70 3% 4% 3% 4% 3% 4% Fixed Variable ...
Basis of Computations. The actuarial basis for the fixed Annuity Option Tables is the Annuity 2000 Mortality Table with the ages set back ten (10) years with an annual interest rate of 1.00%. The rates for variable annuity payments are based on an assumed investment return of 4.0% per year and the Annuity 2000 Mortality Table with the ages set back ten (10) years. Rates Not Shown – Any rates and/or ages not shown in the tables contained in this Contract will be provided by the Company upon request. Annuity benefits will not be less than those that would have been provided by the application of an amount to purchase any single premium immediate annuity offered by us at the time annuity payments commence to the same class of annuitants. 10-2252 ANNUITY TABLES OPTIONS 1 AND 2 - LIFE ONLY OR LIFE WITH GUARANTEED PERIOD CERTAIN OF 10 AND 20 YEARS Fixed Annuity Rates Male at 1.00% Female at 1.00% Unisex at 1.00% Life with Life with Life with Guaranteed Period Guaranteed Period Guaranteed Period Life Certain Life Certain Life Certain Age Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. 30 1.82 1.82 1.82 1.74 1.74 1.74 1.78 1.78 1.78 35 1.93 1.93 1.93 1.84 1.84 1.84 1.89 1.89 1.88 40 2.07 2.07 2.06 1.96 1.96 1.95 2.01 2.01 2.01 45 2.23 2.23 2.22 2.10 2.10 2.09 2.17 2.16 2.16 50 2.43 2.42 2.40 2.27 2.27 2.26 2.35 2.35 2.33 55 2.68 2.67 2.63 2.48 2.48 2.46 2.58 2.57 2.54 60 2.98 2.97 2.89 2.75 2.74 2.70 2.87 2.85 2.80 65 3.37 3.34 3.20 3.08 3.06 2.99 3.23 3.20 3.10 70 3.89 3.82 3.55 3.52 3.49 3.34 3.70 3.65 3.45 75 4.58 4.43 3.90 4.11 4.03 3.72 4.34 4.23 3.82 80 5.54 5.20 4.21 4.93 4.75 4.09 5.23 4.98 4.16 85 6.87 6.08 4.43 6.12 5.66 4.37 6.49 5.87 4.40 90 8.72 6.99 4.54 7.88 6.70 4.52 8.29 6.85 4.53 95 11.30 7.77 4.58 10.50 7.63 4.58 10.89 7.70 4.58 Variable Annuity Rates Male at 4.00% Female at 4.00% Unisex at 4.00% Life with Life with Life with Guaranteed Period Guaranteed Period Guaranteed Period Life Certain Life Certain Life Certain Age Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. Only 10 Yr. 20 Yr. 30 3.65 3.64 3.64 3.58 3.58 3.57 3.61 3.61 3.60 35 3.73 3.73 3.72 3.65 3.65 3.64 3.69 3.69 3.68 40 3.84 3.83 3.82 3.74 3.73 3.73 3.79 3.78 3.77 45 3.97 3.97 3.94 3.85 3.84 3.83 3.91 3.91 3.89 50 4.15 4.14 4.10 3.99 3.99 3.97 4.07 4.06 4.04 55 4.38 4.36 4.29 4.18 4.17 4.13 4.28 4.27 4.22 60 4.67 4.64 4.52 4.42 4.40 4.34 4.55 4.52 4.44 65 5.05 4.99 4.80 4.74 4.70 4.60 4.90 4.85 4.70 70 5.56 5.44 5.10 5.16 5.10 4.90 5.36 5.28 5.00 75 6.27 6.04 5.41 5.75 5.63 5.24 6.01 5.83 5.33 80 7.25 6.7...
Basis of Computations. The Cash Surrender Value under the Policy is not less than the minimums required as of the Policy date by the state in which your Policy was delivered. A detailed statement of the method of computation of Policy values under the Policy has been filed with the insurance department of the state in which the Policy was delivered, if required. FULL SURRENDERS You may surrender your Policy after the Right to Examine Policy Period or at any time during the lifetime of the Insured and receive the net Cash Surrender Value. We will compute the net Cash Surrender Value as of the next Valuation Date after we receive both your request and the Policy at our Customer Service Center. This Policy will be canceled as of the date we receive your request, and there will be no further benefits under this Policy.
Basis of Computations. The Cash Surrender Value under the policy is not less than the minimum required as of the policy date by the state in which your policy was delivered. A detailed statement of the method of computation of policy values under the policy has been filed with the insurance department of the state in which the policy was delivered, if required. FULL SURRENDERS You may surrender your policy after the Right to Examine Period or at any time during the lifetime of the insured and receive the net Cash Surrender Value. We will compute the Net Cash Surrender Value as of the next Valuation Date after we receive both your request and the policy at our Customer Service Center. This policy will be canceled as of the date we receive your request, and there will be no further benefits under this policy. If you surrender your policy within the first two policy years but after the Right to Examine Policy Period has ended, the Net Cash Surrender Value will include a refund of a portion of the sales load which was previously deducted from your premiums paid. In the first policy year, the refund is equal to 5% of the premium paid. In the second year, the refund is equal to 2.5% of the premium paid in the first policy year. GRACE PERIOD, TERMINATION AND REINSTATEMENT PROVISIONS GRACE PERIOD If the following three conditions occur on a Monthly Processing Date, the policy will enter into the 61 day grace period:
Basis of Computations. The actuarial basis for the fixed Annuity Option Tables is the Annuity 2000 Mortality Table with the ages set back ten (10) years with interest at an annual rate as shown in the Contract Specifications.
Basis of Computations. 27 Guaranteed Maximum Monthly Cost of Insurance Rates................ 28 Mortality Expense and Risk Charge................................. 30
Basis of Computations. The actuarial basis for the fixed Annuity Option Tables is the [2012 Individual Annuity Mortality Period Life Table with the ages set back ten (10) years] with an annual interest rate of [1.00%]. The rates for Variable Annuity Payments are based on an assumed investment return of [4.00%] per year and the [2012 Individual Annuity Mortality Period Life Table with the ages set back ten (10) years]. Rates Not Shown – Any rates and/or ages not shown in the tables contained in this Contract will be provided by the Company upon request. Annuity benefits will not be less than those that would have been provided by the application of an amount to purchase any single premium immediate annuity offered by us at the time annuity payments commence to the same class of Annuitants. ANNUITY TABLES [ LIFE ONLY OR LIFE WITH GUARANTEED PERIOD CERTAIN OF 10 AND 20 YEARS
Basis of Computations. Minimum surrender values, reserves and net single premiums referred to in the policy, if any, are computed on the basis of the Commissioners 1980 Standard Ordinary Sex-distinct Smoker-distinct Mortality Tables with percentage ratings, if applicable, and based on the underwriting class of the Insured on the Date of Issue. The computations are made using interest at the rate of 4% a year and using continuous functions. The Account Value while this policy is in full force is computed as described in Section 8. A detailed statement of the method of computation of values has been filed with insurance supervisory officials of the jurisdiction in which this policy has been delivered. The values are not less than the minimum values under the law of that jurisdiction. Any values, reserves and premiums applicable to any provision for an additional benefit shall be specified in the provision and have no effect in determining the values available under the provisions of this Section 12.
Basis of Computations. The surrender values and reserves under the Policy are not less than the minimum required on the policy date by the state in which your Policy was delivered. A detailed statement of the method of computation of policy values under the Policy has been filed with the insurance department of the state in which the Policy has been delivered. Surrender values are not less than those required by the Standard Nonforfeiture Law using interest of 3% per year. The 1980 Commissioners' Standard Ordinary Nonsmoker Mortality Table will be used for insureds classified as nonsmokers on an age nearest birthday basis; and the 1980 Commissioners' Standard Ordinary Smoker Mortality Table will be used for insureds classified as smokers on an age nearest birthday basis. The above mortality rates will be adjusted for insureds in a special rate class. FULL SURRENDERS You may surrender your Policy after the Right to Examine Period or at any time during the lifetime of the Insured and receive the net Cash Surrender Value. We will compute the net Cash Surrender Value as of the next Valuation Date after we receive both your request and the Policy at our Customer Service Center. This Policy will be canceled as of the date we receive your request, and there will be no further benefits under this Policy. If you surrender your Policy within the first two Policy years but after the Right to Examine Policy Period has ended, the net Cash Surrender Value will include a refund of a portion of the sales charges which were previously deducted from your premiums paid. In the first Policy year, the refund is equal to 5% of the premium paid up to the Target Premium. In the second year, the refund is equal to 2.5% of the premium paid in the first Policy year, up to the Target Premium.
