Common use of ANNUITY OPTION Clause in Contracts

ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 17. 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. AUTOMATIC TRANSFERS Transfers among the Subaccounts made automatically. FSBL makes Automatic Transfers on a periodic basis at the written request of the Owner. FSBL may discontinue, modify or suspend Automatic Transfers.

Appears in 4 contracts

Samples: Variable Annuity Account A, Variable Annuity Account A, Variable Annuity Account A

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ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 1719. 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. AUTOMATIC TRANSFERS Transfers among the Subaccounts and the Fixed Account made automatically. FSBL makes Automatic Transfers on a periodic basis at the written request of the Owner. FSBL may discontinue, modify or suspend Automatic Transfers.

Appears in 2 contracts

Samples: Variable Annuity Account B, Variable Annuity Account B

ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 1710. 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. AUTOMATIC TRANSFERS Transfers among the Subaccounts made automatically. FSBL makes Automatic Transfers on a periodic basis at the written request of the Owner. FSBL may discontinue, modify or suspend Automatic Transfers.

Appears in 1 contract

Samples: Variable Annuity Account A

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ANNUITY OPTION. A set of provisions that form the basis for making Annuity Payments. Please see "Annuity Options" on page 1716. 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. AUTOMATIC TRANSFERS Transfers among the Subaccounts made automatically. FSBL makes Automatic Transfers on a periodic basis at the written request of the Owner. FSBL may discontinue, modify or suspend Automatic Transfers.

Appears in 1 contract

Samples: Variable Annuity Account A

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