Common use of Minimum Payment Rates Clause in Contracts

Minimum Payment Rates. The minimum payment rates for the Installment Income Plans (Options B and D) and the Life Income Plans (Options C and E) are shown in the Minimum Payment Rate Tables. The Life Income Plan payment rates in those tables depend on the sex and on the adjusted age of each person on whose life the payments are based. The adjusted age is: o the age on the birthday that is nearest to the date on which the payment plan takes effect; plus o the age adjustment shown below for the number of policy years that have elapsed from the Policy Date to the date that the payment plan takes effect. A part of a policy year is counted as a full year. -------------------------------------------------------------------------------- POLICY POLICY YEARS AGE YEARS AGE ELAPSED ADJUSTMENT ELAPSED ADJUSTMENT -------------------------------------------------------------------------------- 1 to 8 0 33 to 40 -4 9 to 16 -1 41 to 48 -5 17 to 24 -2 49 or more -6 25 to 32 -3 --------------------------------------------------------------------------------

Minimum Payment Rates. The minimum payment rates for the Installment Income Plans (Options B and D) and the Life Income Plans (Options C and E) are shown in the Minimum Payment Rate Tables. The Life Income Plan payment rates in those tables depend on the sex and on the adjusted age of each person on whose life the payments are based. The adjusted age is: o the age on the birthday that is nearest to the date on which the payment plan takes effect; plus o the age adjustment shown below for the number of policy years that have elapsed from the Policy Date to the date that the payment plan takes effect. A part of a policy year is counted as a full year. -------------------------------------------------------------------------------- POLICY POLICY YEARS AGE YEARS AGE ELAPSED ADJUSTMENT ELAPSED ADJUSTMENT -------------------------------------------------------------------------------- 1 to 8 0 33 to 40 -4 9 to 16 -1 41 to 48 -5 17 to 24 -2 49 or more -6 25 to 32 -3 --------------------------------------------------------------------------------

Minimum Payment Rates. The minimum payment rates for the Installment Income Plans (Options B and D) and the Life Income Plans (Options C and E) are shown in the Minimum Payment Rate TablesTable. The Life Income Plan payment rates in those tables that table depend on the sex and on the adjusted age of each person on whose life the payments are based. The adjusted age is: o - the age on the birthday that is nearest to the date on which the payment plan takes effect; plus o - the age adjustment shown below for the number of policy years that have elapsed from the Policy Date to the date that the payment plan takes effect. A part of a policy year is counted as a full year. -------------------------------------------------------------------------------- --------------------------------------------------- POLICY POLICY YEARS AGE YEARS AGE ELAPSED ADJUSTMENT ELAPSED ADJUSTMENT -------------------------------------------------------------------------------- --------------------------------------------------- 1 to 10 + 8 0 33 31 to 35 -1 11 to 15 + 6 36 to 40 -4 9 -2 16 to 16 -1 20 + 4 41 to 48 -5 17 45 -3 21 to 24 -2 49 25 + 2 46 to 50 -4 26 to 30 0 51 or more -6 25 to 32 -3 ---------------------------------------------------------------------------------5 ---------------------------------------------------

Minimum Payment Rates. The minimum payment rates for the Installment Income Plans (Options Option B and D) and the Life Income Plans (Options C and E) are shown in the Minimum Payment Rate TablesTable. MM17 15 The Life Income Plan payment rates in those tables that table depend on the sex and on the adjusted age of each person on whose life the payments are based. The adjusted age is: o - the age on the birthday that is nearest to the date on which the payment plan takes effect; plus o - the age adjustment shown below for the number of policy years that have elapsed from the Policy Date to the date that the payment plan takes effect. A part of a policy year is counted as a full year. -------------------------------------------------------------------------------- ---------------------------------------------------------- POLICY POLICY YEARS AGE YEARS AGE ELAPSED ADJUSTMENT ELAPSED ADJUSTMENT -------------------------------------------------------------------------------- ---------------------------------------------------------- 1 to 8 0 33 10 +8 31 to 35 -1 11 to 15 +6 36 to 40 -4 9 -2 16 to 16 -1 20 +4 41 to 48 -5 17 45 -3 21 to 24 -2 49 25 +2 46 to 50 -4 26 to 30 0 51 or more -6 25 to 32 -3 ---------------------------------------------------------------------------------5 ----------------------------------------------------------