Common use of MISSTATEMENT OF AGE OR SEX Clause in Contracts

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 3 contracts

Samples: Fs Variable Annuity Account Five, Fs Variable Separate Account, Fs Variable Separate Account

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MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the Fixed Annuity Payment Account Options, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the Fixed Annuity Payment Account Options, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Subaccounts will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Subaccounts will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 3 contracts

Samples: Variable Annuity Account Seven, Variable Annuity Account Seven, Variable Annuity Account Five

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Subaccounts will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Subaccounts will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 3 contracts

Samples: Variable Annuity Account Five, Anchor National Life Insurance Co, Variable Annuity Account Five

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the 1-Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the 1-Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Subaccounts will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Subaccounts will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract Certificate depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 3 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Anchor National Life Insurance Co, Variable Separate Account of Anchor National Life Insur Co

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the 1-Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the 1-Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Subaccounts will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Subaccounts will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 3 contracts

Samples: Variable Separate Account of Anchor National Life Insur Co, Anchor National Life Insurance Co, Variable Separate Account of Anchor National Life Insur Co

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MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the One Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the One Year Fixed Annuity Payment OptionsAccount Option, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Subaccounts will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Subaccounts will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract Certificate depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 2 contracts

Samples: Variable Annuity Account Four, Variable Annuity Account Four

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the Fixed Annuity Payment Account Options, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the Fixed Annuity Payment Account Options, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Variable Portfolios will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Variable Portfolios will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.

Appears in 1 contract

Samples: Variable Separate Account of Anchor National Life Insur Co

MISSTATEMENT OF AGE OR SEX. If the Age or sex of any Annuitant has been misstated, future annuity payments will be adjusted using the correct Age and sex, according to Our rates in effect on the date that annuity payments were determined. Any overpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be deducted from the next payment(s) due. Any underpayment from the Fixed Annuity Payment Options, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccount(s) Variable Portfolios will be deducted from the next payment(s) due. Any underpayment from the Subaccount(s) Variable Portfolios will be paid in full with the next payment due. PROOF OF AGE, SEX, OR SURVIVAL The Company may require satisfactory proof of correct Age or sex at any time. If any payment under this Contract depends on the Annuitant being alive, the Company may require satisfactory proof of survival.. SUSPENSION OF PAYMENTS We may suspend or postpone any payments from the Variable Portfolios if any of the following occur:

Appears in 1 contract

Samples: Variable Separate Account of Anchor National Life Insur Co

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