Common use of JOINT AND SURVIVOR INCOME Clause in Contracts

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of each payment is shown in Table C. If the payout rates in use by us at the time Proceeds become payable are more favorable than those shown in Tables B and C, we will provide a life income using the more favorable rates.

Appears in 4 contracts

Samples: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

AutoNDA by SimpleDocs

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of rates used to calculate each payment is are shown in Table C. If the payout rates in use by us at the time Proceeds become payable are more favorable than those shown in Tables B and C, we will provide a life income using the more favorable rates.

Appears in 2 contracts

Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of each payment is shown in Table C. If the payout rates in use by us at the time Proceeds proceeds become payable are more favorable than those shown in Tables B options 4 and C5, we will provide a life income using the more favorable rates. These options are supported by our general account. The payments will not reflect the investment experience of the variable account.

Appears in 2 contracts

Samples: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account), Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of each payment is shown in Table C. If the payout rates in use by us at the time Proceeds proceeds become payable are more favorable than those shown in Tables B options 4 and C5, we will provide a life income using the more favorable rates.

Appears in 2 contracts

Samples: Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account), Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of rates used to calculate each payment is are shown in Table C. ICC19J210 26 If the payout rates in use by us at the time Proceeds become payable are more favorable than those shown in Tables B and C, we will provide a life income using the more favorable rates.

Appears in 1 contract

Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

AutoNDA by SimpleDocs

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of each payment is shown in Table C. J186 If the payout rates in use by us at the time Proceeds proceeds become payable are more favorable than those shown in Tables B options 4 and C5, we will provide a life income using the more favorable rates.

Appears in 1 contract

Samples: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of rates used to calculate each payment is are shown in Table C. ICC19J210 If the payout rates in use by us at the time Proceeds become payable are more favorable than those shown in Tables B and C, we will provide a life income using the more favorable rates.

Appears in 1 contract

Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

JOINT AND SURVIVOR INCOME. We will pay an income during the lifetime of two persons and will continue to pay the same income as long as either person is living. The minimum guaranteed payment period will be ten years. The amount of each payment is shown in Table C. If the payout rates in use by us at the time Proceeds proceeds become payable are more favorable than those shown in Tables B Options 4 and C5, we will provide a life income using the more favorable rates.. J185

Appears in 1 contract

Samples: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

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