Common use of Cova Financial Services Life Insurance Company Clause in Contracts

Cova Financial Services Life Insurance Company. CONTRACT ANNIVERSARY -- An anniversary of the Issue Date of this Contract. CONTRACT YEAR -- A one-year period starting on the Issue Date and on each Contract Anniversary thereafter. FIXED ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which we guarantee as to dollar amount. Fixed Annuity payments are made out of our General Account. GENERAL ACCOUNT -- All of our assets other than those in any segregated asset account. INVESTMENT OPTIONS -- The investment choices within the Separate Account available under the Contract. ISSUE DATE -- The date this Contract was issued. The Issue Date is shown on the Contract Schedule. JOINT OWNER -- If there is more than one Owner, each Owner shall be a Joint Owner of the Contract. NOTICE -- Any form of communication providing information we need, either in signed writing or another manner that we approve in advance. All Notices to us must be sent to our Annuity Service Office and received in good order. To be effective for a Business Day, a Notice must be received in good order prior to the end of that Business Day. OWNER -- The person(s) or entity(ies) entitled to the ownership rights under this Contract. If Joint Owners are named, all references to Owner shall mean Joint Owners. (Referred to as "you or yours.") PURCHASE PAYMENT -- Any amount paid to us under this Contract as consideration for the benefits it provides, less any Premium and Other Taxes deducted upon receipt of a Purchase Payment. SEPARATE ACCOUNT -- A segregated asset account of the Company designated on the Contract Schedule. SUBACCOUNT -- Separate Account assets are divided into Subaccounts. Assets of each Subaccount will be invested in shares of an Investment Option. VARIABLE ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which vary in amount with the investment experience of each applicable Subaccount. WITHDRAWAL VALUE -- The Account Value less any applicable withdrawal charge, less any Premium and Other Taxes, and less any Account Fee. GENERAL PROVISIONS THE CONTRACT -- The entire contract consists of this Contract, any riders or endorsements attached to this Contract, and a copy of the application, if one is attached to this Contract when issued. This Contract must be returned to us prior to the payment of any benefit unless otherwise waived by us. Prior to any payment of a death claim, due proof of death must be submitted to us. INCONTESTABILITY -- We will not contest the validity of this Contract at any time following the Issue Date.

Cova Financial Services Life Insurance Company. CONTRACT ANNIVERSARY -- An anniversary of the Issue Date of this Contract. CONTRACT YEAR -- A one-year period starting on the Issue Date and on each Contract Anniversary thereafter. FIXED ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which we guarantee as to dollar amount. Fixed Annuity payments are made out of our General Account. GENERAL ACCOUNT -- All of our assets other than those in any segregated asset account. INVESTMENT OPTIONS -- The investment choices within the Separate Account available under the Contract. ISSUE DATE -- The date this Contract was issued. The Issue Date is shown on the Contract Schedule. JOINT OWNER -- If there is more than one Owner, each Owner shall be a Joint Owner of the Contract. NET PURCHASE PAYMENT -- A Purchase Payment less the Sales Charge. NOTICE -- Any form of communication providing information we need, either in signed writing or another manner that we approve in advance. All Notices to us must be sent to our Annuity Service Office and received in good order. To be effective for a Business Day, a Notice must be received in good order prior to the end of that Business Day. OWNER -- The person(s) or entity(ies) entitled to the ownership rights under this Contract. If Joint Owners are named, all references to Owner shall mean Joint Owners. (Referred to as "you or yours.") PURCHASE PAYMENT -- Any amount paid to us under this the Contract as consideration for the benefits it provides, less any Premium and Other Taxes deducted upon receipt of a Purchase Payment, but before deduction of any Sales Charge. SEPARATE ACCOUNT -- A segregated asset account of the Company designated on the Contract Schedule. SUBACCOUNT -- Separate Account assets are divided into Subaccounts. Assets of each Subaccount will be invested in shares of an Investment Option. VARIABLE ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which vary in amount with the investment experience of each applicable Subaccount. WITHDRAWAL VALUE -- The Account Value less any applicable withdrawal charge, less any Premium and Other Taxes, and less any Account Fee. GENERAL PROVISIONS THE CONTRACT -- The entire contract consists of this Contract, any riders or endorsements attached to this Contract, and a copy of the application, if one is attached to this Contract when issued. This Contract must be returned to us prior to the payment of any benefit unless otherwise waived by us. Prior to any payment of a death claim, due proof of death must be submitted to us. INCONTESTABILITY -- We will not contest the validity of this Contract at any time following the Issue Date.

Cova Financial Services Life Insurance Company. CONTRACT ANNIVERSARY -- An anniversary of the Issue Date of this Contract. CONTRACT YEAR -- A one-year period starting on the Issue Date and on each Contract Anniversary thereafter. FIXED ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which we guarantee as to dollar amount. Fixed Annuity payments are made out of our General Account. GENERAL ACCOUNT -- All of our assets other than those in any segregated asset account. INVESTMENT OPTIONS -- The investment choices within the Separate Account available under the Contract. ISSUE DATE -- The date this Contract was issued. The Issue Date is shown on the Contract Schedule. JOINT OWNER -- If there is more than one Owner, each Owner shall be a Joint Owner of the Contract. NOTICE -- Any form of communication providing information we need, either in signed writing or another manner that we approve in advance. All Notices to us must be sent to our Annuity Service Office and received in good order. To be effective for a Business Day, a Notice must be received in good order prior to the end of that Business Day. OWNER -- The person(s) or entity(ies) entitled to the ownership rights under this Contract. If Joint Owners are named, all references to Owner shall mean Joint Owners. (Referred to as "you or yours.") PURCHASE PAYMENT -- Any amount paid to us under this Contract as consideration for the benefits it provides, less any Premium and Other Taxes deducted upon receipt of a Purchase Payment. SEPARATE ACCOUNT -- A segregated asset account of the Company designated on the Contract Schedule. SUBACCOUNT -- Separate Account assets are divided into Subaccounts. Assets of each Subaccount will be invested in shares of an Investment Option. VARIABLE ANNUITY PAYMENTS -- A series of payments made by us during the Annuity Period which vary in amount with the investment experience of each applicable Subaccount. WITHDRAWAL VALUE -- The Account Value less any applicable withdrawal charge, less any Premium and Other Taxes, and less any Account Fee. GENERAL PROVISIONS THE CONTRACT -- The entire contract consists of this Contract, any riders or endorsements attached to this Contract, and a copy of the application, if one is attached to this Contract when issued. This Contract must be returned to us prior to the payment of any benefit unless otherwise waived by us. Prior to any payment of a death claim, due proof of death must be submitted to us. INCONTESTABILITY -- We will not contest the validity of this Contract at any time following the Issue Date.