Common use of Single Life Basis Clause in Contracts

Single Life Basis. If the Single Life Basis is elected, or otherwise applies, GAWA payments are taken based only on your life and GAWA payments are guaranteed only during your life. Upon your death, the GWBL feature and GAWA payments terminate.

Single Life Basis. If the Single Life Basis basis is elected, or otherwise applies, GAWA payments are taken based only on your the life of the Participant and GAWA payments are guaranteed only during your lifethe life of the Participant. Upon your deaththe death of the Participant, the GWBL feature Personal Income Benefit and GAWA payments terminate.