Common use of AMOUNTS AT RISK Clause in Contracts

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. Please refer to Schedule C for a complete description of the guaranteed minimum death benefit. B. The Contract Value represent the owner's invested assets in the funds in Schedule B as it appears in the records of ITT Hartford before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals: ITT Hartford Life & Annuity Insurance Company CIGNA Reinsurance Director; Putnam Capital Xxxxxer; August 23, 1996 Select Dimensions; Pathmaker [REDACTED] C. The Net Amount At Risk, is equal to the guaranteed minimum death benefit less the Surrender Value at the end of each calendar month. The Net Amount At Risk cannot fall below zero.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. Please refer to Schedule C for a complete description of the guaranteed minimum death benefit. B. The Contract Value represent the owner's invested assets in the funds in Schedule B as it appears in the records of ITT Hartford before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals: ITT Hartford Life & Annuity Insurance Company CIGNA Reinsurance Director; Putnam Xxxxxx Capital XxxxxerManager; August 23, 1996 Select Dimensions; Pathmaker [REDACTED]Pathmaker C. The Net Amount At Risk, is equal to the guaranteed minimum death benefit less the Surrender Value at the end of each calendar month. The Net Amount At Risk cannot fall below zero.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. Please refer to Schedule C for a complete description of the guaranteed minimum death benefit. B. The Contract Value represent represents the owner's invested assets in the funds in Schedule B as it appears in the records of ITT Hartford Life before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals: ITT Hartford Life & Annuity Insurance Company CIGNA Reinsurance Director; Putnam Xxxxxx Capital XxxxxerManager; August 23, 1996 Select Dimensions; Pathmaker [REDACTED]Pathmaker C. The Net Amount At Risk, is equal to the guaranteed minimum death benefit less the Surrender Value at the end of each calendar month. The Net Amount At Risk cannot fall below zero.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. Please refer to Schedule C for a complete description of the guaranteed minimum death benefit. B. The Contract Value represent represents the owner's invested assets in the funds in Schedule B as it appears in the records of ITT Hartford Life before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals: ITT Hartford Life & Annuity Insurance Company CIGNA Reinsurance Director; Putnam Capital Xxxxxer; August 23, 1996 Select Dimensions; Pathmaker [REDACTED] C. The Net Amount At Risk, is equal to the guaranteed minimum death benefit less the Surrender Value at the end of each calendar month. The Net Amount At Risk cannot fall below zero.