AETNA LIFE INSURANCE AND ANNUITY COMPANY Sample Clauses
AETNA LIFE INSURANCE AND ANNUITY COMPANY. By /s/ Xxxxxxx Xxxxxxxx --------------------------- Name Xxxxxxx Xxxxxxxx
AETNA LIFE INSURANCE AND ANNUITY COMPANY. The Required Balance with respect to the Policies and Post-Closing Policies issued by ALIAC as of any date shall be computed as the excess of (a) all liabilities listed below with respect to such Policies and Post-Closing Policies, determined under Connecticut SAP as of such date, over (b) the aggregate amount of the policy loans (including accrued interest thereon) under such Policies and Post-Closing Policies, determined under Connecticut SAP as of such date.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ALIAC's Closing Date Liabilities shall consist of all liabilities listed below with re to the Policies issued by ALIAC, determined as of 11:59 p.m. Eastern Time on the day immediately preceding the Effective Date in accordance with Connecticut SAP.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ENDORSEMENT This Contract is hereby endorsed to add the following new provisions to the end of Section 6.02 - Surrender Fee: No Surrender Fee is deducted from any portion of the Individual Account which is paid: On and after the tenth anniversary of the Effective Date of the Individual Account; When the Individual Account Cash Value is $2,500 or less and no surrenders have been taken from the Individual Account within the prior 12 months. If there is more than one Individual Account under the Contract for a Participant, then this provision will only apply when the total in all of the Participant's Individual Accounts is $2,500 or less; or In an amount equal to or less than 10% of the current Individual Account Cash Value, as part of the first partial surrender request in a calendar year to a 403(b) Participant who is at least age 59 1/2 and less than age 70 1/2. The Individual Account Cash Value is calculated as of the date the partial surrender request is received in good order at Aetna's Home Office. Any outstanding loans from the Participant's Individual Account are excluded when calculating the Individual Account Cash Value. This provision does not apply to partial surrenders due to loan defaults made from Individual Account Values and does not apply to full surrender requests. Endorsed and made a part of this Contract on May 1, 1989 or the Effective Date of the Contract whichever is later. /s/ Xxxx X. Xxxxxx President Aetna Life Insurance and Annuity Company EGSF-HI Aetna Life Insurance and Annuity Company ENDORSEMENT This Contract is hereby endorsed as follow: Add the following condition under the Contract entitled Deposit, Reserve and Surrender Provisions as follows:
AETNA LIFE INSURANCE AND ANNUITY COMPANY. By: ------------------------------------------ Attest: Name: ---------------------------------------- Title: ---------------------------------------
AETNA LIFE INSURANCE AND ANNUITY COMPANY. TRANSFER CREDIT ENDORSEMENT
AETNA LIFE INSURANCE AND ANNUITY COMPANY. TRANSFER CREDIT ENDORSEMENT The Contract is hereby endorsed as follows: Add the following statement to the end of Section 3.02 entitled Net Contribution(s): Transferred Assets are the value of prior contributions into an existing Plan which are deposited into this Contract as of the date the amount is received in good order by Aetna. Transferred Assets, less any premium tax, will be allocated to Participant Individual Accounts in amounts authorized by the Participant. Where Aetna is the exclusive 403(b) Plan provider, Aetna will apply a Transfer Credit equal to [2%] of Transferred Assets deposited into the Contract and allocated to Individual Accounts. The Transfer Credit amount is calculated as of the one year anniversary of a Participant's first Net Contribution to the Contract. The calculation for any Transfer Credit amount will be based on the total amount of Transferred Assets remaining in Individual Accounts as of the calculation date. The Transfer Credit amount will be allocated to the Fixed Plus Account. The amount will include the Transfer Credit plus any interest that would have accrued had the Transfer Credit actually been deposited into the Fixed Plus Account on the first business day of the calendar month following it's calculation. Transfer Credit will not be applied to assets transferred into the Contract from existing Aetna Contracts. Only Net Contributions not previously held by Aetna Life Insurance and Annuity Company are eligible for Transfer Credit. Endorsed and made a part of the Contract on the effective date of the Contract.
AETNA LIFE INSURANCE AND ANNUITY COMPANY. Attest: By ------------------------------ Name: ------------------------------ ------------------------------ Title ------------------------------ Assistant Secretary
AETNA LIFE INSURANCE AND ANNUITY COMPANY. ENDORSEMENT This Contract is hereby endorsed to delete the previous Guaranteed Accumulation Account (GA Account) Endorsement and replace it with the following: Add to the GENERAL DEFINITIONS Section of the Contract the following paragraphs:
AETNA LIFE INSURANCE AND ANNUITY COMPANY. By its authorized Officer,