Common use of Life with Period Clause in Contracts

Life with Period. Certain — Periodic payments are made to the designated payee during the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed five (5) through thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the remainder of the guaranteed payments to the first among the following who is (1) living; or (2) an entity entitled to receive the remainder of guaranteed payments:

Appears in 3 contracts

Samples: Read Your Contract (Separate Account a of Pacific Life Insurance Co), Read Your Contract (Separate Account a of Pacific Life Insurance Co), Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)

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Life with Period. Certain — Periodic payments are made to the designated payee during the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed five (5) through 5)through thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the remainder of the guaranteed payments to the first among the following who is (1) living; or (2) an entity entitled to receive the remainder of guaranteed payments:

Appears in 1 contract

Samples: Your Contract Carefully (Separate Account a of Pacific Life Insurance Co)

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