Annuity Plan. An amount can be used to buy any single premium immediate annuity we offer for the Option's effective date. The minimum rates for Option 1 are based on 3% interest, compounded annually. The minimum rates for Options 2 and 3 are based on 3% interest, compounded annually, and the Annuity 2000 Mortality Table. We may pay a higher rate at our discretion. PAYMENT WHEN NAMED PERSON DIES When the person named to receive payment dies, we will pay any amounts still due as provided by the Option agreement. The amounts still due are determined as follows:
Appears in 4 contracts
Samples: Exhibit 16 (VOYA INSURANCE & ANNUITY Co), Important Terms (VOYA INSURANCE & ANNUITY Co), Golden American (VOYA INSURANCE & ANNUITY Co)
Annuity Plan. An amount can be used to buy any single premium immediate annuity we offer for on the Optionoption's effective date. The minimum rates for Option 1 are based on 3% interest, compounded annually. The minimum rates for Options 2 and 3 are based on 3% interest, compounded annually, and the Annuity 2000 Mortality Table. We may pay a higher rate at our discretion. PAYMENT WHEN NAMED PERSON DIES When the person named to receive payment dies, we will pay any amounts still due as provided by the Option option agreement. The amounts still due are determined as follows:
Appears in 3 contracts
Samples: Entire Contract (VOYA INSURANCE & ANNUITY Co), Entire Contract (Golden American Life Insurance Co /Ny/), Entire Contract (Separate Account B of Golden American Life Insurance Co)
Annuity Plan. An amount can be used to buy any single premium immediate annuity we offer for on the Optionoption's effective date. The minimum rates for Option 1 are based on 3% interest, compounded annually. The minimum rates for Options 2 and 3 are based on 3% interest, compounded annually, and the Annuity 2000 200 Mortality Table. We may pay a higher rate at our discretion. PAYMENT WHEN NAMED PERSON DIES When the person named to receive payment dies, we will pay any amounts still due as provided by the Option option agreement. The amounts still due are determined as follows:
Appears in 1 contract
Annuity Plan. An amount can be used to buy any single premium immediate annuity we offer for the Option's effective date. The minimum rates for Option 1 are based on 3% interest, compounded annually. The minimum rates for Options 2 and 3 are based on 3% interest, compounded annually, and the Annuity 2000 Mortality Table. We may pay a higher rate at our discretion. PAYMENT WHEN NAMED PERSON DIES When the person named to receive payment dies, we will pay any amounts still due as provided by the Option agreement. The amounts still due are determined as follows:DIES
Appears in 1 contract
