Common use of ANNUITY CONVERSION FACTOR Clause in Contracts

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)

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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)

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