Annuity FAQs - Annuity Payments
How much will I receive if I elect to receive annuity payments?
At the request of the contract owner, we will complete an annuity payment quote
outlining the payment options available and the corresponding payment amounts.
Please contact our Customer Service Center.
Payments may be elected on a monthly, quarterly, semi-annual or annual basis.
Options available may include Life options or payments for a Fixed Period or
Please be advised any payment quotes are based on the account value and the
annuity settlement interest rate at the time of the quote. Actual annuity
payment amounts will be based on the account value and settlement interest
rate on the elected annuity start date and may be different than the
How do I begin annuity payments?
The contract owner must complete a
Periodic Distribution Form and return it to our
Customer Service Center. If a life contingent option is elected,
documentation of the annuitant's age such as a driver's license or birth
certificate is required.
Payments will begin on the Annuity Start Date noted on the
Periodic Distribution Form.