Common use of Period Certain Annuity Clause in Contracts

Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your payments as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

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Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your the payments as a single sum payment with the remainder paid in monthly annuity payments). Any installment payments shall be made over a period which does not exceed your remaining life expectancy.

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your payments the payment as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us which does not permit any prepayment of the unpaid principal principal, (that is, you cannot elect to receive part of your payments as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your the payments as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

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Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us or one of our affiliated or subsidiary life insurance companies, which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your payments as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

Period Certain Annuity. The term "Period Certain Annuity" means an annuity not involving life contingencies issued by us or one of our affiliated or subsidiary live insurance companies which does not permit any prepayment of the unpaid principal (that is, you cannot elect to receive part of your payments as a single sum payment with the remainder paid in monthly annuity payments).

Appears in 1 contract

Samples: Separate Account a of Equitable Life Assu Soc of the Us

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