Common use of Life Income Clause in Contracts

Life Income. We will pay an income during the payee's lifetime. A minimum guaranteed payment period may be chosen. We will continue payments under the Installment Refund Option until the total income payments equal the Proceeds applied. The amount of each payment is shown in Table B.

Appears in 4 contracts

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

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Life Income. We will pay an income during the payee's lifetime. A minimum guaranteed payment period may be chosen. We will continue payments under the Installment Refund Option option until the total income payments paid equal the Proceeds proceeds applied. The amount of each payment is shown in Table B.

Appears in 4 contracts

Samples: Insured (Kansas City Life Variable Annuity Separate Account), Kansas City Life Variable Annuity Separate Account, Kansas City Life Variable Annuity Separate Account

Life Income. We will pay an income during the payee's ’s lifetime. A You may choose a minimum guaranteed payment period may be chosenperiod. We Payments received under the installment refund option will continue payments under the Installment Refund Option until the total income payments equal the Proceeds applied. The amount of rates used to calculate each payment is are shown in Table B.

Appears in 2 contracts

Samples: Kansas City Life Variable Life Separate Account, Kansas City Life Variable Life Separate Account

Life Income. We will pay an income during the payee's ’s lifetime. A minimum guaranteed payment period may be chosen. We will continue payments under the Installment Refund Option option until the total income payments paid equal the Proceeds proceeds applied. The amount of each payment is shown in Table B.

Appears in 1 contract

Samples: Kansas City Life Variable Annuity Separate Account

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Life Income. We will pay an income during the payee's lifetime. A minimum guaranteed payment period may be chosen. We will continue payments Payments received under the Installment Refund Option will continue until the total income payments received equal the Proceeds proceeds applied. The amount of each payment is shown in Table B.

Appears in 1 contract

Samples: Kansas City Life Variable Annuity Separate Account

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