ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 19. ANNUITY PAYMENTS Payments made beginning on the Annuity Start Date according to the provisions of the Annuity Option selected. Annuity Payments are made on the same day of each month, on a monthly, quarterly, semiannual or annual basis. ANNUITY START DATE The date on which Annuity Payments begin as elected by the Owner. ANNUITY UNIT A unit of measure used to compute Variable Annuity Payments.
Appears in 14 contracts
Samples: SBL Variable Annuity Account Xiv, SBL Variable Annuity Account Xiv, SBL Variable Annuity Account Xiv
ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 1917. ANNUITY PAYMENTS Payments made beginning on the Annuity Start Date according to the provisions of the Annuity Option selected. Annuity Payments are made on the same day of each month, on a monthly, quarterly, semiannual or annual basis. ANNUITY START DATE The date on which Annuity Payments begin as elected by the Owner. ANNUITY UNIT A unit of measure used to compute Variable Annuity Payments.
Appears in 2 contracts
Samples: Contract Anniversary (Variable Annuity Account A), Variable Annuity Account A
