ANNUITY PERIOD means the period for which an installment of annuity is paid.
Examples of ANNUITY PERIOD in a sentence
During the Annuity Period, you cannot make transfers from the General Account to the Subaccounts.
When a variable Annuity Payment has been elected, four free Transfers are allowed each Account Year among the Subaccounts available during the Annuity Period.
FIXED ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which we guarantee as to dollar amount.
Upon the death of the Annuitant during the Annuity Period, the death benefit, if any, will be as specified in the Annuity Option elected.
VARIABLE ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which vary in amount with the investment experience of each applicable Subaccount.
More Definitions of ANNUITY PERIOD
ANNUITY PERIOD means the period for which a single installment of a retirement allowance or annuity is customarily paid for annuitants.
ANNUITY PERIOD. This is the period that starts on the Annuity Date.
ANNUITY PERIOD in respect of an Annuity Product to which an Option relates is the period commencing on the Annuity Product Start Date for the Annuity Product in respect of which LTES Operator has exercised its Option and ending on the date that is 1 year after that Annuity Product Start Date.
ANNUITY PERIOD has the meaning given in clause 13.1 (“Annuity Period”).
ANNUITY PERIOD means the periodfor which an installment of annuity is paid.
ANNUITY PERIOD means the Annuity Period as stated in Policy Schedule 1.