Life with Period Certain. Periodic payments are made to the Annuitant during his or her lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed from 5 through 30 years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we pay the Beneficiary the remainder of the guaranteed payments.
Appears in 2 contracts
Samples: Individual Flexible Premium Variable Annuity Contract (Separate Account a of Pacific Mutual Life Ins Co), Individual Flexible Premium Variable Annuity Contract (Separate Account a of Pacific Mutual Life Ins Co)
Life with Period Certain. Periodic payments are made to the Annuitant designated payee during his or her the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed from 5 five (5) through 30 thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the Beneficiary the remainder of the guaranteed payments to the first person among the following who is (1) living; or (2) an entity entitled to receive the remainder of guaranteed payments.:
(a) the Owner;
(b) the Joint Owner;
(c) the Beneficiary; or
Appears in 2 contracts
Samples: Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Contract (Separate Account a of Pacific Life & Annuity Co)
Life with Period Certain. Periodic payments are made to the Annuitant designated payee during his or her the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed from 5 seven (7) through 30 thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the Beneficiary the remainder of the guaranteed payments to the first among the following who is (1) living; or (2) an entity entitled to receive the remainder of guaranteed payments.:
(a) the Owner;
(b) the Joint Owner;
(c) the Beneficiary; or
Appears in 1 contract
Samples: Variable Annuity Contract (Separate Account a of Pacific Life & Annuity Co)
Life with Period Certain. Periodic payments are made to the Annuitant designated payee during his or her the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed from 5 five (5) through 30 thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the Beneficiary the remainder of the guaranteed payments to the first person among the following who is (1) living; or (2) an entity designated to receive the remainder of guaranteed payments.:
(a) the Owner;
(b) the Joint Owner; (c) the Beneficiary;
Appears in 1 contract
Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co)
Life with Period Certain. Periodic payments are made to the Annuitant designated payee during his or her the Annuitant’s lifetime, with payments guaranteed for a specified period. You may choose to have payments guaranteed from 5 five (5) through 30 thirty (30) years (in full years only). If the Annuitant dies before the guaranteed payments are completed, we will pay the Beneficiary the remainder of the guaranteed payments to the first person among the following who is (1) living; or (2) an entity designated to receive the remainder of guaranteed payments.:
(a) the Owner;
(b) the Joint Owner;
(c) the Beneficiary;
Appears in 1 contract
Samples: Insurance Contract (Separate Account a of Pacific Life Insurance Co)
