FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the Contract Value, less any applicable premium taxes, shall be applied to the payment of the fixed annuity 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. AMOUNT OF FIXED ANNUITY PAYMENTS The amount of each fixed annuity payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization, less any applicable premium taxes, to the annuity table applicable to the fixed annuity payment option chosen. AMOUNT OF VARIABLE ANNUITY PAYMENTS
Appears in 5 contracts
Samples: Annuity Contract (Fs Variable Separate Account), Annuity Contract (Fs Variable Separate Account), Annuity Contract (Fs Variable Separate Account)
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract Value, less any applicable premium taxes, shall be applied to the payment of the fixed annuity 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. AMOUNT OF FIXED ANNUITY PAYMENTS The amount of each fixed annuity payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization, less any applicable premium taxes, to the annuity table applicable to the fixed annuity payment option chosen. AMOUNT OF VARIABLE ANNUITY PAYMENTS
Appears in 4 contracts
Samples: Annuity Contract (Variable Annuity Account Five), Annuity Contract (Variable Annuity Account Seven), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co)
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the proceeds payable under this Contract Value, less any applicable premium taxes, shall be applied to the payment of the fixed annuity payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contracttables. In no event will the Fixed Annuitization be changed once it begins. AMOUNT OF FIXED ANNUITY PAYMENTS The amount of each fixed annuity payment will be determined by applying the portion of the Contract Value allocated by You for Fixed Annuitization, less any applicable premium taxes, taxes to the annuity table applicable to the fixed annuity payment option chosen. AMOUNT OF VARIABLE ANNUITY PAYMENTS
Appears in 2 contracts
Samples: Annuity Contract (Variable Separate Account of Anchor National Life Insur Co), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co)
FIXED ANNUITIZATION. If a Fixed Annuitization has been elected, the Contract Value, proceeds payable under this Certificate less any applicable premium taxes, shall be applied to the payment of the fixed annuity payment option elected at rates which are at least equal to the annuity rates based upon the applicable tables in the Contracttables. In no event will the Fixed Annuitization be changed once it begins. AMOUNT OF FIXED ANNUITY PAYMENTS The amount of each fixed annuity payment will be determined by applying the portion of the Contract Certificate Value allocated by You for Fixed Annuitization, less any applicable premium taxes, taxes to the annuity table applicable to the fixed annuity payment option chosen. AMOUNT OF VARIABLE ANNUITY PAYMENTS
Appears in 1 contract
Samples: Certificate of Coverage (Variable Separate Account of Anchor National Life Insur Co)
