ALLOCATION OF ANNUITY. When the Owner makes a choice as to annuity option, he or she will also choose between a Fixed Annuity, a Variable Annuity or any combination of the two. If a choice is not made at least 30 days before the Maturity Date, as stated in Section 27, payments will be made on a Variable Annuity basis.
Appears in 6 contracts
Samples: Annuity Contract Contract (First Investors Life Variable Annuity Fund C), Annuity Contract (First Investors Life Variable Annuity Fund D), Contract Contract (First Investors Life Variable Annuity Fund D)