Income Table for Life Sample Clauses

The "Income Table for Life" clause defines how periodic income payments are calculated and distributed over the lifetime of an individual, typically in the context of annuities or pension agreements. This clause specifies the method for determining payment amounts, often referencing actuarial tables or formulas based on the recipient's age and life expectancy. Its core practical function is to ensure predictable, structured income for the beneficiary throughout their life, addressing the risk of outliving one's financial resources.

Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ---------------- 50 3.81 / 3.55 $3.78 / 3.54 $3.68 / 3.49 55 4.20 / 3.89 4.15 / 3.86 3.98 / 3.77 60 4.72 / 4.33 4.62 / 4.28 4.31 / 4.10 65 5.43 / 4.93 5.24 / 4.83 4.64 / 4.47 70 6.42 / 5.76 5.99 / 5.54 4.93 / 4.82 75 7.79 / 6.99 6.86 / 6.44 5.13 / 5.08 80 9.70 / 8.80 7.74 / 7.45 5.24 / 5.22 85 12.38 / 11.52 8.49 / 8.35 5.28 / 5.27 RIDERS [Guaranteed Minimum Income Benefit Rider o On the Income Date, we will calculate an anniversary value for each Certificate Anniversary on or before the Income Date, excluding, however, Certificate Anniversaries that come after the Owner attains age [80] or before the Effective Date of this Rider. o The Income Date must be on a Certificate Anniversary or the 30 days that follow and must be:

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Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ---------------- 50 3.24 / 3.08 $3.24 / 3.08 $3.21 / 3.06 55 3.29 / 3.29 3.47 / 3.28 3.42 / 3.25 60 3.79 / 3.54 3.77 / 3.53 3.67 / 3.48 65 4.18 / 3.87 4.13 / 3.85 3.97 / 3.76 70 4.70 / 4.31 4.61 / 4.26 4.30 / 4.09 75 5.40 / 4.90 5.22 / 4.81 4.63 / 4.45 80 6.38 / 5.73 5.97 / 5.52 4.92 / 4.81 85 7.73 / 6.94 6.83 / 6.41 5.12 / 5.07 Table of Accumulated Values Based on the Guaranteed Interest Rates of the Fixed Account (Table assumes a $10,000 allocation to a 1-Year Guarantee Period crediting the Minimum Guaranteed Interest of [3%]) Contract Year-End Fixed Account Value Surrender Value 1 10,300.00 10,300.00 2 10,609.00 10,609.00 3 10,927.27 10,927.27 4 11,255.09 11,255.09 5 11,592.74 11,592.74 6 11,940.52 11,940.52 7 12,298.74 12,298.74 8 12,667.70 12,667.70 9 13,047.73 13,047.73 10 13,439.16 13,439.16 11 13,842.34 13,842.34 12 14,257.61 14,257.61 13 14,685.34 14,685.34 14 15,125.90 15,125.90 15 15,579.67 15,579.67 16 16,047.06 16,047.06 17 16,528.48 16,528.48 18 17,024.33 17,024.33 19 17,535.06 17,535.06 20 18,061.11 18,061.11 RIDERS [Guaranteed Minimum Income Benefit Rider o On the Income Date, we will calculate an anniversary value for each Contract Anniversary on or before the Income Date, excluding, however, Contract Anniversaries that come after the Owner attains age [80] or before the Effective Date of this Rider. o The Income Date must be on a Contract Anniversary or the 30 days that follow and must be:

Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- ----------- ---------------- ---------------- 50 3.81/3.55 $3.78/3.54 $3.68/3.49 55 4.20/3.89 4.15/3.86 3.98/3.77 60 4.72/4.33 4.62/4.28 4.31/4.10 65 5.43/4.93 5.24/4.83 4.64/4.47 70 6.42/5.76 5.99/5.54 4.93/4.82 75 7.79/6.99 6.86/6.44 5.13/5.08 80 9.70/8.80 7.74/7.45 5.24/5.22 85 12.38/11.52 8.49/8.35 5.28/5.27 RIDERS Accidental Death Benefit Rider The Maximum Accidental Death Benefit is $250,000. DVA1-9712 DEFINITIONS -------------------------------------------------------------------------------- "ACCOUNT VALUE" is the entire amount we hold under this Contract for you before the Income Date. It is equal to the sum of the Variable Account Value and the Fixed Account Value.

Income Table for Life. Male/Female Male/Female Male/Female Age Life Only 10 Years Certain 20 Years Certain --- --------- ---------------- ----------------