Common use of ANNUITY BENEFIT FORMS Clause in Contracts

ANNUITY BENEFIT FORMS. The ‘‘Normal Form’’ of Annuity Benefit is the Life-Period Certain Annuity Form described below, unless another Form is to apply pursuant to the terms of any plan under which the Contract is purchased, if applicable, the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies. The Data Pages will state the Normal Form which applies. We may offer other annuity forms as available from us or from one of our affiliated life insurance companies. Such a form may, for example, include the Joint and Survivor Life Annuity Form which provides monthly payments while either of two persons upon whose lives such payments depend is living. The monthly amount to be continued when only one of the persons is living will be equal to a percentage, as elected, of the monthly amount that was paid while both were living. The Life-Period Certain Annuity is an annuity that is payable during the lifetime of the person upon whose life the payments depend, but with a maximum of 10 years of payments guaranteed (10 years certain period). That is, if the original payee dies before the certain period has ended, payments will continue to the Beneficiary named to receive such payments for the balance of the certain period.

Appears in 8 contracts

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co of America), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable America Variable Account No.70A), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable America Variable Account No.70A)

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ANNUITY BENEFIT FORMS. The ‘‘"Normal Form’’ " of Annuity Benefit is an Annuity Benefit payable on the Life-Period Certain Annuity Form described below, unless another Form form is to apply pursuant to the terms of any plan under which the Contract is purchasedPlan, if applicable, the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies. The Data Pages Certificate will state specify the Normal Form which applies. We Equitable may offer other annuity forms as available from us Equitable or from one of our Equitable's affiliated or subsidiary life insurance companies. Such a form may, for example, may include the Joint and Survivor Life Annuity Form which provides providing monthly payments while either of two persons upon whose lives such payments depend is living. The monthly amount to be continued when only one of the persons is living will be equal to a percentage, as elected, of the monthly amount that was paid while both were living. The Life-Period Certain Annuity is an annuity that is payable during the lifetime of the person upon whose life the payments depend, but with a maximum of 10 years of payments guaranteed (10 years certain period). That is, if the original payee Annuitant dies before the certain period has ended, payments will continue to the Beneficiary beneficiary named to receive such payments for the balance of the certain period.

Appears in 3 contracts

Samples: Group Annuity Contract (Separate Account a of Equitable Life Assu Soc of the Us), Group Annuity Contract (Equitable Life Assurance Society of the United States /Ny/), Group Annuity Contract (Separate Account No 45 of Equitable Life Assur Society of Us)

ANNUITY BENEFIT FORMS. The ‘‘Normal Form’’ of Annuity Benefit is the Life-Period Certain Annuity Form described below, unless another Form is to apply pursuant to the terms of any plan under which the Contract is purchased, if applicable, the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies. The Data Pages will state the Normal Form which applies. We may offer other annuity forms as available from us or from one of our affiliated life insurance companies. Such a form may, for example, include the Joint and Survivor Life Annuity Form which provides monthly payments while either of two persons upon whose lives such payments depend is living. The monthly amount to be continued when only one of the persons is living will be equal to a percentage, as elected, of the monthly amount that was paid while both were living. The Life-Period Certain Annuity is an annuity that is payable during the lifetime of the person upon whose life the payments depend, but with a maximum of 10 years of payments guaranteed (10 years certain period). That is, if the original payee dies before the certain period has ended, payments will continue to the Beneficiary named to receive such payments for the balance of the certain period.

Appears in 2 contracts

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co)

ANNUITY BENEFIT FORMS. The ‘‘Normal Form’’ of Annuity Benefit is the Life-Period Certain Annuity Form described below, unless another Form is to apply pursuant to the terms of any plan under which the Contract is purchasedPlan, if applicable, the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies. The Data Pages will state the Normal Form which applies. We may offer other annuity forms as available from us or from one of our affiliated life insurance companies. Such a form may, for example, include the Joint and Survivor Life Annuity Form which provides monthly payments while either of two persons upon whose lives such payments 2023EVBASE-A-Z depend on is living. The monthly amount to be continued when only one of the persons is living will be equal to a percentage, as elected, of the monthly amount that was paid while both were living. The Life-Period Certain Annuity is an annuity that is payable during the lifetime of the person upon whose life the payments depend, but with a maximum of 10 years of payments guaranteed (10 years certain period). That is, if the original payee dies before the certain period has ended, payments will continue to the Beneficiary named to receive such payments for the balance of the certain period.

Appears in 1 contract

Samples: Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Account AA)

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ANNUITY BENEFIT FORMS. The ‘‘"Normal Form’’ " of Annuity Benefit is the Life-Period Certain Annuity Form described below, unless another Form is to apply pursuant to the terms of any plan under which the Contract is purchased, if applicable, the requirements of the Employee Retirement Income Security Act of 1974 (ERISA), as amended, or any other law that applies. The Data Pages will state the Normal Form which applies. We may offer other annuity forms as available from us or from one of our affiliated life insurance companies. Such a form may, for example, include the Joint and Survivor Life Annuity Form which provides monthly payments while either of two persons upon whose lives such payments depend is living. The monthly amount to be continued when only one of the persons is living will be equal to a percentage, as elected, of the monthly amount that was paid while both were living. The Life-Period Certain Annuity is an annuity that is payable during the lifetime of the person upon whose life the payments depend, but with a maximum of 10 years of payments guaranteed (10 years certain period). That is, if the original payee dies before the certain period has ended, payments will continue to the Beneficiary named to receive such payments for the balance of the certain period.

Appears in 1 contract

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co)

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