Fidelity & Guaranty Life Insurance Company Guaranteed Monthly Payment Tables Specifications
This document from Fidelity & Guaranty Life Insurance Company outlines the guaranteed monthly payment amounts for annuity contracts, based on specific actuarial assumptions. It details the payment amounts per $1,000 applied, the default annuitization period of 10 years, and the actuarial basis used, including interest rates and mortality tables. The document also explains that more favorable payment terms may be offered and that payment amounts for unlisted ages or periods are available upon request.
Exhibit 4.r
Fidelity & Guaranty Life Insurance Company
SPECIFICATIONS PAGE – GUARANTEED MONTHLY PAYMENT TABLES (CONTINUED)
Amounts shown are for each [$1,000.00] applied. The guaranteed monthly payments are based on the actuarial basis described below.
For Ages, periods, and rates not shown, We will furnish the amount of payment upon request. We may offer guaranteed monthly payments that are more favorable than those contained in Your Contract.
Default Annuitization Guaranteed Period: [10 Years]
Actuarial Basis for Annuity Option Payments
Annuity Option Interest Rate: [1.00%]
Annuity Option Mortality Table: [2012 IAR [ANB] Mortality Table; US Annuity 2000 Table] [with sex-distinct factors] [with a mortality blend of [X%] male and [Y%] female for each Contract Year until the Maturity Date]
[Age Setback: [[one] year[s] [plus an additional [X] year[s] for every [four] years after 2012]]]
Annuity Option 1 – Income for Fixed Period
| Period (Years) | Monthly Payment | Period (Years) | Monthly Payment | Period (Years) | Monthly Payment | |||||
| 5 | $[X.XX] | 8 | $[X.XX] | 15 | $[X.XX] | |||||
| 6 | [X.XX] | 9 | [X.XX] | 20 | [X.XX] | |||||
| 7 | [X.XX] | 10 | [X.XX] | 25 | [X.XX] |
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SPEC-RILA-GMPT (05-22)
