Common use of ANNUITY BENEFIT PAYMENT GUARANTEE OPTIONS Clause in Contracts

ANNUITY BENEFIT PAYMENT GUARANTEE OPTIONS. If a life Annuity Option has been elected, the Owner may also select one of the following guarantees: PERIOD CERTAIN Periodic guaranteed payments for a period of ten years, or any other period currently made available by the Company.

Appears in 4 contracts

Sources: Annuity Contract (Allmerica Select Sep Acct of 1st Allmerica Fin Life Ins Co), Annuity Contract (Sep Acct Va K Execannuity of Allmerica Fin Lfe Ins & Ann Co), Annuity Contract (Separate Account Va-K of Allmerican Fn Lf Ins & an Co)