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: 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 C)