Common use of Fixed Period Payout Table Clause in Contracts

Fixed Period Payout Table. The Fixed Period Payout Table shows the payments that we will make at sample payment intervals for each $1,000 applied based on the guaranteed Payout Option factors. 1 [$ 1,010.00 $ 503.74 $ 251.55 $ 83.78 2 507.51 253.12 126.40 42.10 3 340.02 169.58 84.68 28.20 4 256.28 127.82 63.83 21.25 5 206.03 102.76 51.31 17.09 6 172.54 86.05 42.97 14.31 7 148.62 74.12 37.01 12.32 8 130.69 65.18 32.55 10.84 9 116.74 58.22 29.07 9.68 10 105.58 52.65 26.29 8.75 11 96.45 48.10 24.02 8.00 12 88.84 44.31 22.12 7.37 13 82.41 41.10 20.52 6.83 14 76.90 38.35 19.15 6.37 15 72.12 35.97 17.96 5.98 16 67.94 33.88 16.92 5.63 17 64.25 32.04 16.00 5.33 18 60.98 30.41 15.18 5.05 19 58.05 28.95 14.45 4.81 20 55.41 27.63 13.80 4.59 ] The values stated for fixed periods shorter than the Minimum Fixed Period Payout are available only as a Death Benefit option. The Minimum Fixed Period Payout is set out on the Contract Specifications page.

Appears in 10 contracts

Samples: Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Annuity Contract (Massmutual Ascend Life Insurance Co)

AutoNDA by SimpleDocs

Fixed Period Payout Table. The Fixed Period Payout Table shows the payments that we will make at sample payment intervals for each $1,000 applied based on the guaranteed Payout Option factors. 1 [$ $1,010.00 $ $503.74 $ $251.55 $ $83.78 2 507.51 253.12 126.40 42.10 3 340.02 169.58 84.68 28.20 4 256.28 127.82 63.83 21.25 5 206.03 102.76 51.31 17.09 6 172.54 86.05 42.97 14.31 7 148.62 74.12 37.01 12.32 8 130.69 65.18 32.55 10.84 9 116.74 58.22 29.07 9.68 10 105.58 52.65 26.29 8.75 11 96.45 48.10 24.02 8.00 12 88.84 44.31 22.12 7.37 13 82.41 41.10 20.52 6.83 14 76.90 38.35 19.15 6.37 15 72.12 35.97 17.96 5.98 16 67.94 33.88 16.92 5.63 17 64.25 32.04 16.00 5.33 18 60.98 30.41 15.18 5.05 19 58.05 28.95 14.45 4.81 20 55.41 27.63 13.80 4.59 4.59] The values stated for fixed periods shorter than the Minimum Fixed Period Payout are available only as a Death Benefit option. The Minimum Fixed Period Payout is set out on the Contract Specifications page.

Appears in 1 contract

Samples: Individual Deferred Variable Annuity Contract (Great American Life Insurance Co)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!