Common use of ACCUMULATION PROVISIONS Clause in Contracts

ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below [$2,500] as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount.

Appears in 2 contracts

Samples: Annuity Contract (Variable Annuity Account Seven), Annuity Contract (Variable Annuity Account Seven)

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ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below [$2,500] 2,500 as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount.

Appears in 2 contracts

Samples: Life Insurance Contract (Fs Variable Separate Account), Life Insurance Contract (Fs Variable Separate Account)

ACCUMULATION PROVISIONS. Before the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. If Your Contract Value falls below [$2,500] 2,500 as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We may terminate Your Contract and send You the remaining dollar amount. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract is the sum of the Accumulation Unit Values held in the Variable Portfolios for You.

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

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ACCUMULATION PROVISIONS. Before Prior to the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value, if any. If Your Contract Value falls below [$2,500] as a result of taking partial Withdrawals, subject to applicable state and federal laws, rules and regulations, We we may terminate Your Contract and send You you the remaining dollar amount.

Appears in 1 contract

Samples: Annuity Contract (Fs Variable Separate Account)

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