Years Certain. We will make level payments for the longer of the annuitant’s lifetime or ten years. In the event of the death of the person receiving payments prior to the end of the fixed period elected, payments will be continued to that person’s beneficiary or may be commuted and their present value may be paid in a single sum.
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Samples: TFLIC Separate Account VNY, Separate Account VA WNY
Years Certain. We will make level payments for the longer of the annuitant’s lifetime or ten years. In the event of the death of the person receiving payments prior to the end of the fixed period elected, payments will be continued to that person’s beneficiary or may be commuted and their present value may be paid in a single sumbeneficiary.
Appears in 1 contract
Samples: Separate Account VA YNY
Years Certain. We will make level payments for the longer of the annuitant’s Annuitants lifetime or ten years. In the event of the death of the person receiving payments prior to the end of the fixed period elected, payments will be continued to that person’s beneficiary or may be commuted and their present value may be paid in a single sumbeneficiary.
Appears in 1 contract
Years Certain. We will make level payments for the longer of the annuitant’s Annuitants lifetime or ten years. years In the event of the death of the person receiving payments prior to the end of the fixed period elected, payments will be continued to that person’s beneficiary or may be commuted and their present value may be paid in a single sumpersons beneficiary.
Appears in 1 contract
