Common use of Certain and Life Annuity Clause in Contracts

Certain and Life Annuity. The monthly annuity shall be payable to the annuitant for as long as the annuitant lives. If the annuitant dies before receiving payments for the certain period (5, 10, 15, or 20 years, as specified in the election), any remaining payments for the balance of the certain period shall be paid to the annuitant's beneficiary.

Certain and Life Annuity. The monthly annuity shall be payable to the annuitant for as long as the annuitant lives. If the annuitant dies before receiving payments for the certain period (5, 10, 15, or 20 years, as specified in the election), any remaining payments for the balance of the certain period shall be paid to the annuitant's beneficiary.. P-12512.PA-6

Certain and Life Annuity. The monthly annuity shall be payable to the annuitant for as long as the annuitant lives. If the annuitant dies before receiving payments for the certain period (5, 10, 15, or 20 years, as specified in the election), any remaining payments for the balance of the certain period shall be paid to the annuitant's beneficiary.. P-12512.6

Certain and Life Annuity. The monthly annuity shall be Monthly income payable to for the life of the annuitant for as long as with the provision that if the annuitant lives. If should die after commencement of payments, but before the annuitant dies before receiving end of a certain period of 60, 120, or 180 months, as elected, payments will be continued for the remainder of certain period to a designated beneficiary; PROVIDED, however, that the certain period (5, 10, 15, or 20 years, as specified in the election), election shall not extend beyond any remaining payments for the balance of the certain period shall be paid to the annuitant's beneficiaryapplicable limit imposed by law.