Common use of Certificates and Statements Clause in Contracts

Certificates and Statements. Minnesota Mutual shall make available to each Participant a certificate which describes the Participant's rights and privileges under this contract. Minnesota Mutual shall issue to each Participant or Annuitant as to whom Annuity Payments are provided hereunder an individual certificate setting forth the amount and terms of such Annuity Payments. Before annuity payments have commenced, at least once in each Contract Year, Minnesota Mutual will furnish to the Participant a statement of each Participant's Individual Account, the current accumulation unit value, and each Participant's Accumulation Value. Such statement shall be as of a date within two months of the mailing of the statement.

Appears in 2 contracts

Samples: Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account), Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account)

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Certificates and Statements. Minnesota Mutual shall make available to each Participant a certificate which describes the Participant's rights and privileges under this contract. Minnesota Mutual shall issue to each Participant or Annuitant as to whom Annuity Payments are provided hereunder an individual certificate setting forth the amount and terms of such Annuity Payments. Before annuity payments Annuity Payments have commenced, at least once in each Contract Year, Minnesota Mutual will furnish to the Participant a statement of each Participant's Individual Account, the current accumulation unit value, and each Participant's Accumulation Value. Such statement shall be as of a date within two months of the mailing of the statement.

Appears in 2 contracts

Samples: Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account), Life Insurance Contract (Minnesota Mutual Group Variable Annuity Account)

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Certificates and Statements. Minnesota Mutual shall make available to each Participant a certificate which describes the Participant's rights and privileges under this contract. Minnesota Mutual shall issue to each Participant or Annuitant as to whom Annuity Payments are provided hereunder an individual certificate setting forth the amount and terms of such Annuity Payments. Before annuity payments have commenced, at At least once in each Contract Year, Minnesota Mutual will furnish to the Participant a statement of each Participant's Individual Account, the current accumulation unit value, and each Participant's Accumulation Value. Such statement shall be as of a date within two months of the mailing of the statement.

Appears in 1 contract

Samples: Annuity Contract (Minnesota Mutual Group Variable Annuity Account)

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