Examples of Annuitant in a sentence
With Guaranteed Periods: We will pay equal monthly payments for a selected number of guaranteed payments, and then for as long as the Annuitant is living thereafter.
Option 2 - Life Annuity Life Only: We will pay equal monthly payments during the lifetime of the Annuitant.
If the Contract Owner is a non-natural entity, a Contingent Annuitant cannot be named, and the Death Benefit will be payable upon the death of the Annuitant.
If the Contract Owner is a non-natural entity, the Contract Issue Age will be based on the age of the Annuitant on the last birthday before the Issue Date.
SEX If the age or sex of the Annuitant has been misstated, We will adjust the amount of each annuity payment to the amount the Purchase Payments, including the Initial Purchase Payment, would have purchased at the correct age and sex of the Annuitant.