DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS
DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 5 to 3 years. LIFE INCOME PLANS - SINGLE LIFE INCOME (OPTION C). The Company will make monthly payments for the selected certain period, if any, and thereafter during the remaining lifetime of the individual upon whose life income payments depend. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years. - JOINT AND SURVIVOR LIFE INCOME (OPTION E). The Company will make monthly payments for a 10-year certain period and thereafter during the joint lifetime of the two individuals upon whose lives income payments depend and continuing during the remaining lifetime of the survivor.
DESCRIPTION OF PAYMENT PLANS. Installment Income for Specified Period (Option B)
DESCRIPTION OF PAYMENT PLANS. Installment Income For Specified Period (Option B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. Life Income Plans . Single Life Income (Option C). The Company will make monthly payments for the selected certain period, if any, and thereafter during the remaining lifetime of the individual upon whose life income payments depend. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years. . Joint and Survivor Life Income (Option E). The Company will make monthly payments for a 10-year certain period and thereafter during the joint lifetime of the two individuals upon whose lives income payments depend and continuing during the remaining lifetime of the survivor.
DESCRIPTION OF PAYMENT PLANS. INSTALLMENT INCOME FOR SPECIFIED PERIOD (OPTION B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year. LIFE INCOME PLANS o SINGLE LIFE INCOME (OPTION C). The Company will make monthly payments for the selected certain period, if any, and thereafter during the remaining lifetime of the individual upon whose life income payments depend. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years. o JOINT AND SURVIVOR LIFE INCOME (OPTION E). The Company will make monthly payments for a 10-year certain period and thereafter during the joint lifetime of the two individuals upon whose lives income payments depend and continuing during the remaining lifetime of the survivor. o OTHER SELECTIONS. The Company may offer other selections under the Life Income Plans.
DESCRIPTION OF PAYMENT PLANS. Allocation of Benefits . Annuity Units under Variable Payment Plans . Payments under Variable Payment Plans . Transfers Involving Variable Payment Plans . Withdrawal under Payment Plans . Naming and Changing of Beneficiaries under Payment Plans . Succession in Interest of Beneficiaries under Payment Plans . Payment Plan Rates ADDITIONAL BENEFITS (if any) APPLICATION ENDORSEMENTS to be made only by the Company at the Home Office RR.V.B.MSNST. (0704) CONTRACT INFORMATION CONTRACT NUMBER 00 000 000 PLAN Flexible Payment Variable Annuity ADDITIONAL BENEFITS Enhanced Death Benefit TAX REPORTING CATEGORY Personal Annuity PRIMARY ANNUITANT Xxxx X. Xxx AGE AND SEX 35 Male OWNER Xxxx X. Xxx, the Annuitant ISSUE DATE July 31, 2003 CONTRACT ANNIVERSARY July 31, 2004 and each July 31 thereafter MATURITY DATE July 31, 2053 DIRECT BENEFICIARY Xxxx X. Xxx, Wife of the Annuitant INVESTMENT ACCOUNTS On the Issue Date, Purchase Payments and contract values may be allocated among the following Investment Accounts. Available Separate Account Divisions are subject to change. See Section 2.1.
DESCRIPTION OF PAYMENT PLANS. The Owner may elect to provide payment of part or all of the contract benefits to an Annuitant under the following variable or fixed payment plans: The Company will make monthly installment income payments providing for payment of benefits over a specified period of five to 30 years. • Single Life Income (Option C). The Company will make monthly payments for the selected certain period and thereafter during the remaining lifetime of the Annuitant. The selections available are: (a) no certain period; or (b) a certain period of 10 or 20 years.
DESCRIPTION OF PAYMENT PLANS. The Owner may elect to provide payment of part or all of the contract benefits to an annuitant under the following variable or fixed payment plans: Installment Income For Specified Period (Option B) The Company will make monthly installment income payments over a specified period of five to 30 years. Life Income Plans o Single Life Income (Option C). The Company will make monthly payments for the selected certain period and thereafter during the remaining lifetime of the annuitant. The selections available are:
(a) no certain period; or (b) a certain period of 10 or 20 years. o joint And Survivor Life Income (Option E). The Company will make monthly payments for a 10 year certain period and thereafter during the joint lifetime of the annuitant and joint annuitant and continuing during the remaining lifetime of the survivor.
DESCRIPTION OF PAYMENT PLANS. Installment Income For Specified Period (Option B) The Company will make monthly installment income payments providing for payment of benefits over a specified period of 10 to 30 years during the first five contract years and over a specified period of 5 to 30 years beginning with the sixth contract year.
