Common use of FIXED ANNUITIZATION Clause in Contracts

FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event will the Fixed Annuitization be changed once it begins.

FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment Annuity Income Payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contract. In no event Upon Annuitization, any amounts remaining in the DCA Fixed Account Option(s), if applicable, will the be applied to a Fixed Annuitization be changed once it beginsAnnuitization. The unit values credited and applied to Your Contract are determined on each date of transfer.

FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract less any applicable premium taxes, shall be applied to the payment of the fixed annuity income payment Annuity Income Payment option elected at rates which are at least equal to the annuity rates based upon factor applicable to the applicable tables Annuity Income Payment option chosen. Upon Annuitization, any amounts remaining in the ContractDCA Fixed Account Option(s), if applicable, will be applied to a Fixed Annuitization. In no event will the Fixed Annuitization be changed once it beginsThe unit values credited and applied to Your Contract are determined on each date of transfer.