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 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 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 Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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: Life Insurance Contract (Variable Annuity Account Five), Annuity Contract (Variable Annuity Account Seven), Annuity Contract (Variable Annuity Account Seven)

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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 1-Year Fixed Account OptionsOption, 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 Account OptionsOption, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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: Certificate of Insurance (Variable Separate Account of Anchor National Life Insur Co), Certificate of Insurance (Anchor National Life Insurance Co), Certificate of Insurance (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 Account OptionsOption, 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 Account OptionsOption, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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: Annuity Contract (Anchor National Life Insurance Co), Annuity Contract (Variable Separate Account of Anchor National Life Insur Co), Annuity Contract (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 Account 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 Account 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 Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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 2 contracts

Samples: Annuity Contract (Variable Annuity Account Five), Annuity Contract (Anchor National Life Insurance 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 One Year Fixed Account OptionsOption, 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 Account OptionsOption, plus interest at the rate of 4% per year, will be paid in full with the next payment due. Any overpayment from the Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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: Certificate of Insurance (Variable Annuity Account Four), Certificate of Insurance (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 Account 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 Account 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 Subaccounts Subaccount(s) will be deducted from the next payment(s) due. Any underpayment from the Subaccounts 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 2 contracts

Samples: Annuity Contract (Fs Variable Separate Account), Annuity Contract (Fs Variable Annuity Account Five)

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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 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 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 Subaccounts Variable Portfolios will be deducted from the next payment(s) due. Any underpayment from the Subaccounts 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: Annuity Contract (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 Account 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 Account 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 Subaccounts Subaccount(s) will be deducted from the next payment(s) due. Any underpayment from the Subaccounts 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 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

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 Account 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 Account 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 Subaccounts will be deducted from the next payment(s) due. Any underpayment from the 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 1 contract

Samples: Annuity Contract (Variable Annuity Account Five)

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