ANNUITY CONVERSION FACTOR. The factor applied to the Annuity Conversion Amount in determining the dollar amount of an annuitant's annuity payments for Guaranteed Annuities or the initial payment for Variable Annuities.
Appears in 9 contracts
Samples: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii), Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii), Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America)
ANNUITY CONVERSION FACTOR. The factor applied to the Annuity Conversion Amount in determining the dollar amount of an annuitant's annuity payments for Guaranteed Guarantee d Annuities or the initial payment for Variable Annuities.
Appears in 1 contract
Samples: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Iii)