Common use of Survivorship Annuity Clause in Contracts

Survivorship Annuity. A monthly annuity is payable as long as the annuitant lives. After the annuitant's death, all or a portion of the monthly annuity is paid to the contingent annuitant as long as the contingent annuitant lives. If a certain period annuity is available, the certain period may not extend beyond your life expectancy or the joint life expectancy of you and your contingent annuitant, as determined on the Annuity Commencement Date.

Appears in 1 contract

Samples: Guaranteed Benefit Employer Sponsored Tda Contract (Aul American Unit Trust)

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Survivorship Annuity. A monthly annuity is payable as long as the annuitant lives. After the annuitant's death, all or a portion of the monthly annuity is paid to the contingent annuitant as long as the contingent annuitant lives. If a certain period annuity is available, the certain period may not extend beyond your life expectancy or the joint life expectancy of you and your any contingent annuitant, as determined on the Annuity Commencement Date.

Appears in 1 contract

Samples: Guaranteed Benefit Employer Sponsored Tda and Qualified Plan (Aul American Unit Trust)

Survivorship Annuity. A monthly annuity is payable as long as the annuitant lives. After the annuitant's death, all or a portion of the monthly annuity is paid to the contingent annuitant as long as the contingent annuitant lives. If No annuity may have a certain period annuity is available, the certain period may not extend extending beyond your life expectancy or the joint life expectancy of you and your any contingent annuitant, as determined on the Annuity Commencement Date.

Appears in 1 contract

Samples: Voluntary Tda Custodial Contract (Aul American Unit Trust)

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Survivorship Annuity. A monthly annuity is payable as long as the annuitant lives. After the annuitant's death, all or a portion of the monthly annuity is paid to the contingent annuitant as long as the contingent annuitant lives. If No annuity may have a certain period annuity is available, the certain period may not extend extending beyond your life expectancy or the joint life expectancy of you and your contingent annuitant, as determined on the your Annuity Commencement Date.

Appears in 1 contract

Samples: Insurance Contract (Aul American Unit Trust)

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