Common use of Calculation of Annuity Payments Clause in Contracts

Calculation of Annuity Payments. The amount of Annuity Payments will depend on the age of the Annuitant (except in cases where unisex rates are required) as of the Annuity Commencement Date. A choice may be made to receive payments once each month, four times each year, or once each year. The Account Value used to effect Annuity Payments will be calculated as of the Annuity Commencement Date. After the Annuity Commencement Date, the Annuity Payment option can not be changed. We guarantee that the dollar amount of each installment after the first will not be affected by variations in mortality experience from mortality assumptions on which the first installment is based.

Calculation of Annuity Payments. The amount of Annuity Payments will depend on the age of the Annuitant and sex of the Annuitant (except in cases where unisex rates are required) as of the Annuity Commencement Date. A choice may be made to receive payments once each month, four times each year, or once each year. The Account Value used to effect Annuity Payments will be calculated as of the Annuity Commencement Date. After the Annuity Commencement Date, the Annuity Payment option can not be changed. We guarantee that the dollar amount of each installment after the first will not be affected by variations in mortality experience from mortality assumptions on which the first installment is based.

Calculation of Annuity Payments. The amount of Annuity Payments will depend on the age of the Annuitant and the sex of the Annuitant (except in cases where unisex rates are required) as of the Annuity Commencement Date. A choice may be made to receive payments once each month, four times each year, or once each year. The Account Value used to effect Annuity Payments will be calculated as of the Annuity Commencement Date. After the Annuity Commencement Date, the Annuity Payment option can not be changed. We guarantee that the dollar amount of each installment after the first will not be affected by variations in mortality experience from mortality assumptions on which the first installment is based.