Common use of PERIOD CERTAIN OPTION Clause in Contracts

PERIOD CERTAIN OPTION. This option provides payments for a fixed period of 5, 10, 15 or 20 years. Payments will be made until the end of this period. If the Annuitant dies prior to the end of the period, the remaining payments will be made to the Designated Beneficiary. Table C shows some of the guaranteed rates for this option. OPTION 8

Appears in 6 contracts

Samples: Variflex Signature, Variflex Signature, Variflex Signature

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PERIOD CERTAIN OPTION. This option provides payments for a fixed period of 5, 10, 15 or 20 years. Payments will be made maade until the end of this period. If the Annuitant dies prior to the end of the hte period, the remaining payments will be made to the Designated Beneficiary. Table C shows some of the guaranteed rates for this option. OPTION 8

Appears in 2 contracts

Samples: Parkstone Variable Annuity Account, Parkstone Variable Annuity Account

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