ADJUSTMENT OF MONTHLY PAYMENT. If the Net Accumulated Value on the Maturity Date is less than $2,000, the Company shall have the right to pay such value in one sum in lieu of payments otherwise provided for. If the Net Accumulated Value is not less than $2,000 but either the Variable Annuity or the Fixed Annuity Payments provided for would be or become less than $20, the Company shall have the right to change the frequency of payment to such intervals as will result in payments of at least $20.
Appears in 6 contracts
Samples: Single Payment Deferred Variable Annuity (First Investors Life Variable Annuity Fund D), Variable Annuity Contract (First Investors Life Variable Annuity Fund D), Variable Annuity Contract (First Investors Life Variable Annuity Fund D)
