Common use of Fixed Dollar Annuity Clause in Contracts

Fixed Dollar Annuity. A fixed dollar annuity is an annuity payable from the General Account, with payments which remain fixed as to dollar amount throughout the period of Annuity Payments. A number of General Account annuity units is determined when payments commence, but the General Account annuity unit value is always $1.00. The number of such annuity units remains unchanged during the period of Annuity Payments.

Fixed Dollar Annuity. A fixed dollar annuity is an annuity payable from the General Account, with payments which remain fixed as to dollar amount throughout the period payment period. As in the case of Annuity Payments. A the variable annuity, a number of General Account annuity units is determined when payments commence, but . Since the General Account annuity unit value is always $1.00. The number of such annuity units remains unchanged during 10.00, payments after the period of Annuity Paymentsfirst will always be the same as the first monthly payment.

Fixed Dollar Annuity. A fixed fixed-dollar annuity is an annuity payable from the General Account, with payments which remain fixed as to dollar amount throughout the period of Annuity Paymentspayment period. A number of General Account annuity units is determined when payments commence, but the value of the General Account annuity unit value is always $1.00. The Company may, from time to time, increase the number of General Account annuity units, to the extent that such annuity units remains unchanged during the are applicable to a guaranteed period of Annuity Paymentsbenefits, and the value of such additional units will be payable only during such guaranteed period.