Common use of FIXED INCOME Clause in Contracts

FIXED INCOME. We will pay an income of a fixed amount or an income for a fixed period of at least 5 years but not exceeding 30 years. If You die after annuity payments begin, the remaining payments will be paid to the beneficiary named under Your Benefit Option.

Appears in 2 contracts

Sources: Life Insurance Contract (Principal Mutual Life Insurance Company Separate Account B), Life Insurance Contract (Principal Mutual Life Insurance Company Separate Account B)