Fixed Period. We will pay equal monthly installments, first payment immediately, for not more than 25 years. The minimum amount of each installment may be determined from the OPTION 3 TABLE on page 17. This Table is based on a guaranteed interest rate of 3-1/2%, compounded annually.
Appears in 4 contracts
Sources: Insurance Certificate (Llac Variable Account), Insurance Certificate (Llac Variable Account), Insurance Certificate (Llac Variable Account)
Fixed Period. We will pay equal monthly installments, first payment immediately, for not more than 25 years. The minimum amount of each installment may be determined from the OPTION 3 TABLE on page 17. This Table is based on a guaranteed interest rate of 3-3 1/2%, compounded annually.
Appears in 2 contracts
Sources: Insurance Contract (Llac Variable Account), Insurance Contract (Llac Variable Account)
Fixed Period. We will pay equal monthly installments, first payment immediately, for not more than 25 years. The minimum amount of each installment may be determined from the OPTION 3 TABLE on page 1720. This Table is based on a guaranteed interest rate of 3-3 1/2%, compounded annually.
Appears in 1 contract
Sources: Last Survivor Death Benefit Agreement (Llac Variable Account)