LIFETIME ANNUITY WITH GUARANTEED PERIODS. The Company will make monthly payments for the guaranteed period selected and thereafter for the life of the Annuitant. If this option is elected, it is understood and agreed that upon the death of the Annuitant, any amounts remaining under the guaranteed period selected will be distributed to the Beneficiary at least as rapidly as under the method of distribution being used as of the date of the Annuitant's death. The guaranteed period may be five (5) years, ten (10) years or twenty (20) years.
Appears in 10 contracts
Samples: Jefferson National Life Annuity Account G, Jefferson National Life Annuity Account G, PHL Variable Accumulation Account II
LIFETIME ANNUITY WITH GUARANTEED PERIODS. The Company We will make monthly payments for the guaranteed period selected and thereafter for the life of the Annuitant. If this option is elected, it is understood and agreed that upon Upon the death of the Annuitant, any amounts remaining under the guaranteed period selected will be distributed to the Beneficiary at least as rapidly as under the method of distribution being used as of the date of the Annuitant's death. The guaranteed period may be five (5) years, ten (10) 10 years or twenty (20) 20 years.
Appears in 3 contracts
Samples: American Fidelity Separate Account B, American Fidelity Separate Account B, American Fidelity Separate Account B
LIFETIME ANNUITY WITH GUARANTEED PERIODS. The Company will make monthly payments for the guaranteed period selected and thereafter for the life of the Annuitant. If this option is elected, it is understood and agreed that upon the death of the Annuitant, any amounts remaining under the guaranteed period selected will be distributed to the Beneficiary at least as rapidly as under the method of distribution being used as of the date of the Annuitant's death. The guaranteed period may be five (5) years, ten (10) years or twenty (20) years. OPTION 3. PAYMENT FOR A FIXED PERIOD: The Company will make monthly payments for a fixed period of 3 to 20 years.
Appears in 1 contract
LIFETIME ANNUITY WITH GUARANTEED PERIODS. The Company will make monthly payments for the guaranteed period selected and thereafter for the life of the Annuitant. If this option is elected, it is understood and agreed that upon the death of the Annuitant, any amounts remaining under the guaranteed period selected will be distributed to the Beneficiary at least as rapidly as under the method of distribution being used as of the date of the Annuitant's ’s death. The guaranteed period may be five (5) years, ten (10) years or twenty (20) years.
Appears in 1 contract
Samples: Jefferson National Life of New York Annuity Account 1
