Common use of DEFERMENT OF PAYMENTS Clause in Contracts

DEFERMENT OF PAYMENTS. We may defer making payments from the Fixed Account Options for up to six (6) months. Interest, subject to state requirements, will be credited during the deferral period.

Appears in 2 contracts

Samples: Annuity Contract (Fs Variable Annuity Account Five), Annuity Contract (Fs Variable Separate Account)

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DEFERMENT OF PAYMENTS. We may defer making payments payments, subject to state requirements, from the available Fixed Account Options Option(s) for up to six (6) months. Interest, subject to state requirements, Interest will be credited during any deferral period exceeding the deferral periodnumber of days as specified by the state at the rate currently paid by Us on proceeds left under the interest-only settlement option.

Appears in 1 contract

Samples: Life Insurance Contract (Fs Variable Separate Account)

DEFERMENT OF PAYMENTS. We may defer making payments from the Fixed Account Options for up to six (6) months. Interest, subject to state requirements, will be credited during the deferral period.. SUSPENSION OF PAYMENTS We may suspend or postpone any payments from the Subaccounts if any of the following occur:

Appears in 1 contract

Samples: Annuity Contract (Variable Annuity Account Five)

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DEFERMENT OF PAYMENTS. We may defer making payments payments, subject to state requirements, from the available Fixed Account Options Option(s) for up to six (6) months. Interest, subject to state requirements, will be credited during the deferral period.. SUSPENSION OF PAYMENTS We may suspend or postpone any payments from the Variable Portfolios if any of the following occur:

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

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