FIXED PAYMENT OPTION. This option provides a fixed payment amount. This amount is paid until the amount applied is paid. The number of payments will vary as a result of the investment performance of the Subaccounts chosen. If all the Annuitants die before receiving all the payments, any remaining payments will be made to the Designated Beneficiary.
Appears in 3 contracts
Samples: Flexible Premium Deferred Group Unallocated Variable Annuity Contract (SBL Variable Annuity Account X), Flexible Premium Deferred Variable Annuity Contract (SBL Variable Annuity Account X), Flexible Premium Deferred Variable Annuity Contract (SBL Variable Annuity Account X)