FIXED ANNUITY. A Fixed Annuity is one with payments which stay fixed as to dollar amount through the annuity period. The method by which the amount of the first monthly payment is determined is shown in Section 28. Later payments will not be less than the first but a later payment may be more than the first if the Company credits interest above the rate built into the tables.
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Samples: Single Payment Deferred Variable Annuity (First Investors Life Variable Annuity Fund D), Variable Annuity Contract (First Investors Life Variable Annuity Fund D), Variable Annuity Contract (First Investors Life Variable Annuity Fund C)
FIXED ANNUITY. A Fixed Annuity is one an Annuity with payments which stay remain fixed as to dollar amount through throughout the annuity payment period. The method by which the dollar amount of the first monthly Fixed Annuity payment is determined is shown will be calculated as described above in Section 28the "Amount of First Payment" provision. Later All subsequent payments will not be less than in the first but a later same amount and that amount will be assured throughout the payment may be more than the first if the Company credits interest above the rate built into the tablesperiod.
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