Common use of Description of Tables Clause in Contracts

Description of Tables. The attached Annuity Tables show the minimum dollar amount of the monthly payments for each $1,000 applied under the first six options. Under the first, second or third options, the amount of each payment will depend upon the age and gender of the Annuitant at the time the first payment is due. Under the fourth and fifth options, the amount of each payment will depend upon the gender of both Annuitants and their ages at the time the first payment is due. Gender will not be used to determine the amount of the Annuity payable if this Contract is issued to qualify under certain sections of the Internal Revenue Code. If gender is used to determine the amount of Annuity payable, the Annuity Tables at the end of this Contract will provide rates of payment for male Annuitants and female Annuitants.