Common use of Payments to Owner Clause in Contracts

Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity income payment or subsequent annuity income payment. Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. BETTERMENT OF RATES The amount of the Owner’s initial monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.

Appears in 7 contracts

Samples: Contract Data Page (Fs Variable Separate Account), Contract Data Page (Fs Variable Separate Account), Fs Variable Separate Account

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Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity income payment or subsequent annuity income payment. Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. BETTERMENT OF RATES The amount of the Owner’s initial 's monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.

Appears in 6 contracts

Samples: Fs Variable Separate Account, Fs Variable Separate Account, Fs Variable Separate Account

Payments to Owner. Unless You request otherwise, We will make annuity income payments Annuity Income Payments to You. If You want the annuity income payments Annuity Income Payments under an Annuity Payment Option selected by You to be made to some other Payee, We will make such annuity income payments Annuity Income Payments subject to receipt of a written Written request signed by You and filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity income payment Annuity Income Payment or subsequent annuity income paymentAnnuity Income Payment. Any such request is subject to the rights of any assignee. No annuity income payments Annuity Income Payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. BETTERMENT OF RATES The amount of the Owner’s initial monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.

Appears in 1 contract

Samples: Fs Variable Separate Account

Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than [thirty (30) )] days before the due date of the first annuity income payment or subsequent annuity income payment. Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. BETTERMENT OF RATES The amount of the Owner’s initial 's monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.

Appears in 1 contract

Samples: Fs Variable Separate Account

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Payments to Owner. Unless You request otherwise, We will make annuity income payments to You. If You want the annuity income payments to be made to some other Payee, We will make such annuity income payments subject to receipt of a written request signed by You and filed at the Annuity Service Center no later than thirty (30) days before the due date of the first annuity income payment or subsequent annuity income payment. FS-997-PVGII (5/11) 16 Any such request is subject to the rights of any assignee. No annuity income payments available to or being paid to the Payee while the Annuitant is alive can be transferred, commuted, anticipated or encumbered. BETTERMENT OF RATES The amount of the Owner’s initial monthly payment will be at least equal to the monthly payment produced by the application of an amount equal to the Contract Value of this Contract to purchase any single consideration immediate annuity contract offered by the Company at the same time to the same class of annuitants. We are not currently offering any single premium immediate annuity contracts.

Appears in 1 contract

Samples: Payee (Fs Variable Separate Account)

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