Common use of Years Certain Clause in Contracts

Years Certain. Payments will be made 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 guarantee period for which the election was made, payments will be continued to that person’s beneficiary. Option 3–VU) is not available for Adjusted Age(s) greater than 85. Option 5–V – Joint and Survivor Annuity: Payments are made as long as either the Annuitant or the joint Annuitant is living.

Years Certain. Payments will be made for the longer of the Annuitant’s lifetime or ten years years. In the event of the death of the person receiving payments prior to the end of the guarantee period for which the election was made, payments will be continued to that person’s beneficiary. Option 3–VU-V(1) is not available for Adjusted Age(s) greater than 85. Option 5–-V – Joint and Survivor Annuity: . Payments are made as long as either the Annuitant or the joint Annuitant is living. Option 5-V is not available for Adjusted Age(s) greater than 85.

Years Certain. Payments will be made for the longer of the Annuitant’s lifetime or ten years years. In the event of the death of the person receiving payments prior to the end of the guarantee period for which the election was made, payments will be continued to that person’s beneficiary. Option 3–VU-V(1) is not available for Adjusted Age(s) greater than 85. Option 5–-V – Joint and Survivor Annuity: Payments are made as long as either the Annuitant or the joint Annuitant is living. Option 5-V is not available for Adjusted Age(s) greater than 85.