Common use of JOINT AND LAST SURVIVOR ANNUITY Clause in Contracts

JOINT AND LAST SURVIVOR ANNUITY. An annuity payable during the joint lifetime of the Annuitant and a designated second person, and thereafter during the remaining lifetime of the survivor, ceasing with the last payment prior to the death of the survivor. INCOME PLAN 5. ANNUITY PLAN - An amount can be used to purchase any single premium annuity we offer on the Income Date for which you and the Annuitant are eligible. SCHEDULE Contract No.: 123456789 Owner: JOHN XXX Issue Age/Sex: 35/MALE Contract Date: 1/1/1998 Annuitant: JOHN XXX Issue Age/Sex: 35/MALE Income Date: 1/1/2038

JOINT AND LAST SURVIVOR ANNUITY. An annuity payable during the joint lifetime of the Annuitant and a designated second person, and thereafter during the remaining lifetime of the survivor, ceasing with the last payment prior to the death of the survivor. INCOME PLAN 5. ANNUITY PLAN - An amount can be used to purchase any single premium annuity we offer on the Income Date for which you and the Annuitant are eligible. SCHEDULE Contract No.: 123456789 Owner: JOHN XXX Contract Date: 1/1/1998 Issue Age/Sex: 35/MALE Contract Date: 1/1/1998 Annuitant: JOHN XXX Income Date: 1/1/2038 Issue Age/Sex: 35/MALE Income Date: 1/1/2038MALE