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. Payments for fixed number of years for each $1,000 applied. Annual Semi Annual Quarterly Monthly Years 1 [$ 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 7 contracts

Samples: Massmutual Ascend Life Insurance Co, Massmutual Ascend Life Insurance Co, 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. Payments for fixed number of years for each $1,000 applied. Annual Semi Annual Quarterly Monthly Years 1 [$ 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 3 contracts

Samples: Massmutual Ascend Life Insurance Co, Great American Life Insurance Co, Great American 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. Payments for fixed number of years for each $1,000 applied. Years Annual Semi Annual Quarterly Monthly Years 1 [$ $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: Great American Life Insurance Co

Time is Money Join Law Insider Premium to draft better contracts faster.