Common use of Payments for a Period Certain Clause in Contracts

Payments for a Period Certain. The annual interest rate used in the calculation of the annuity rates shown in the Table of Guaranteed Annuity Rates is [1.5%].] • [ANNUITY PAYOUT OPTION – PAYMENTS FOR A 10 YEAR PERIOD CERTAIN – The guaranteed annuity rate for this option is [8.963519]. The annual interest rate used in the calculation of this rate is [1.5%]. There is no charge to elect this option.]

Appears in 2 contracts

Sources: Annuity Contract (Guardian Separate Account R), Annuity Contract (Guardian Separate Account R)

Payments for a Period Certain. The annual interest rate used in the calculation of the annuity rates shown in the Table of Guaranteed Annuity Rates is [1.5%].] • [ANNUITY PAYOUT OPTION – PAYMENTS FOR A 10 YEAR PERIOD CERTAIN – The guaranteed annuity rate for this option is [8.963519]. The annual interest rate used in the calculation of this rate is [1.5%]. There is no charge to elect this option.]

Appears in 1 contract

Sources: Annuity Contract (Guardian Separate Account R)