Installment Refund. We will make Annuity Payments during the lifetime of the Annuitant with a guarantee that if at the Annuitant’s death the total amount of Annuity Payments is less than the Contract Value applied to the Annuity Option, Annuity Payments will continue until they have equaled the Contract Value applied to the Annuity Option.
Appears in 2 contracts
Sources: Flexible Payment Fixed and Variable Deferred Annuity Contract (AuguStar Variable Account A), Flexible Payment Fixed and Variable Deferred Annuity Contract (AuguStar Variable Account A)