Fixed Period. The monthly annuity shall be payable to the annuitant for a fixed period of time (not less than 5 years nor more than 30 years, as specified in the election). If, at the death of the annuitant, payments have been made for less than the selected fixed period, monthly annuity payments to the annuitant's beneficiary shall be continued during the remainder of such fixed period.
Appears in 13 contracts
Samples: Employer Sponsored Benefit Contract (Aul American Unit Trust), Ira Non Custodial Contract (Aul American Unit Trust), Ira Custodial Contract (Aul American Unit Trust)
Fixed Period. The monthly annuity shall be payable to the annuitant for a fixed period of time (not less than 5 years nor more than 30 years, as specified in the election). If, at the death of the annuitant, payments have been made for less than the selected fixed period, monthly annuity payments to the annuitant's beneficiary shall be continued during the remainder of such fixed period.
Appears in 3 contracts
Samples: Custodial SPL Contract (Aul American Unit Trust), Custodial Contract (Aul American Unit Trust), Custodial Contract (Aul American Unit Trust)
Fixed Period. The monthly annuity shall be payable to the annuitant for a fixed period of time (not less than 5 years nor more than 30 20 years, as specified in the election). If, at the death of the annuitant, payments have been made for less than the selected fixed period, monthly annuity payments to the annuitant's beneficiary shall be continued during the remainder of such fixed period.
Appears in 3 contracts
Samples: Insurance Contract (Aul American Unit Trust), Employer Sponsored Benefit Contract (Aul American Unit Trust), Employer Sponsored Contract (Aul American Unit Trust)
