Common use of Annuity Income Clause in Contracts

Annuity Income. The Annuity Income will be the amount provided by the Cash Surrender Value on the Annuity Date. This income may be paid under a Fixed Annuity, Variable Annuity, or both. Unless you elect otherwise, the income will be determined according to Section 11.2 Optional Plans of Settlement using the Guaranteed Period shown on page 3 and Option 4V if one Annuitant is living on the Annuity Date or Option 5V if two Annuitants are then living, and using an interest rate of 3%. Annuity Income may be paid under a settlement agreement that we will issue. 8.2

Annuity Income. The Annuity Income will be the amount provided by the Cash Surrender Value on the Annuity Maturity Date. This income may be paid under a Fixed Annuity, Variable Annuity, or both. Unless you elect otherwise, the income will be determined according to Section 11.2 8.2 Optional Plans of Settlement using the Guaranteed Period shown on page 3 and Option 4V 4 if one Annuitant is living on the Annuity Maturity Date or Option 5V 5 if two Annuitants are then living, and using an interest rate of 3%. Annuity Income may be paid under a settlement agreement that we will issue. 8.2.

Annuity Income. The Annuity Income will be the amount provided by the Cash Surrender Value on the Annuity Maturity Date. This income may be paid under a Fixed Annuity, Variable Annuity, or both. Unless you elect otherwise, the income will be determined according to Option 4 of Section 11.2 9.2 Optional Plans of Settlement using with the Guaranteed Period shown on page 3 and Option 4V if one Annuitant is living on the Annuity Date or Option 5V if two Annuitants are then living, and using an interest rate of 3%. Annuity Income may be paid under a settlement agreement that we will issue. 8.2.