FIXED ACCOUNT PROVISIONS. INVESTMENT ACCOUNT We will establish a separate Investment Account for you each time you allocate amounts to a fixed Investment Option. Amounts invested in these Investment Accounts will earn interest at the guaranteed rate in effect on the date the amounts are allocated for the duration of the guarantee period. We will determine the guaranteed rates from time to time for Net Payments, renewal amounts and amounts transferred to a fixed Investment Option. In no event will the rate be less than the Minimum Guaranteed Interest Rate on Fixed Accounts as specified in the Specifications Page. We reserve the right to prohibit or restrict Payments and transfers to the fixed Investment Option(s) if the effective annual rate of interest that would apply to the Payment or transfer is equal to the Minimum Guaranteed Interest Rate on Fixed Accounts, as specified on the Specifications Page. If such restrictions on Payments or Transfers are not in effect on the Contract Date, we will provide at least 30 days prior written notice of any restrictions on Payments and transfers after the Contract Date. Prior written notice will specify the fixed Investment Option(s) that are affected by such restriction. Any such restriction on Payments or Transfers to the fixed Investment Option(s) will not apply to automatic renewals of amounts already allocated to a fixed Investment Option(s). Renewal amount(s) are otherwise subject to the terms and conditions described in the Renewal provisions of the Contract. We will provide notice in writing within 30 days of when restrictions on Payments or transfers to fixed Investment Option(s) are removed. GUARANTEE PERIODS For any amounts allocated to the fixed Investment Options, you have the choice of the guarantee periods available as shown on the Specifications Page. The amount can be allocated into any combination of the fixed Investment Options offered under this Contract. Separate Investment Accounts will be established for each guarantee period. The guarantee period will be the duration of the fixed Investment Option selected measured from the date the amount is allocated to the Investment Account. Amounts cannot be allocated to a fixed Investment Option that would extend the guarantee period beyond the Maturity Date. RENEWALS The renewal amount is the Investment Account Value at the end of the particular guarantee period. The renewal amount will be automatically renewed in the same Investment Option at the end of the guarantee period, un...
FIXED ACCOUNT PROVISIONS. 7.1 PART 8 - ANNUITY PROVISIONS ............................................. 8.1 PART 9 - TRANSFERS ...................................................... 9.1 PART 10 - WITHDRAWAL PROVISIONS ......................................... 10.1 PART 11 - FEES AND DEDUCTIONS ........................................... 11.1 PART 12 - LOAN PROVISIONS ............................................... 12.1 PART 13 - PAYMENT OF CONTRACT BENEFITS .................................. 13.1 TABLE OF ANNUITY PAYMENT RATES .......................................... T.1 VENTURE.100.015.07-NY [SAMPLE] SPECIFICATIONS PAGE
FIXED ACCOUNT PROVISIONS. The Fixed Account is the general account of the Company. It is made up of all assets of the Company other than: (1) those in the Variable Account; and (2) those in any other segregated asset account.
FIXED ACCOUNT PROVISIONS. Fixed Account Contract Value The Fixed Account Contract Value includes:
FIXED ACCOUNT PROVISIONS. I1 Fixed Account Allocations: The Owner may make payments into the Fixed Account, subject to acceptance and approval by First SAFECO. The Fixed Account consists of the total Fixed Account Allocations received by First SAFECO and not previously withdrawn, plus interest on each such Fixed Account Allocation, less any applicable charges and deductions. Fixed Account Allocations will become part of the general account of First SAFECO to be so used and invested and will not be segregated from First SAFECO's other assets. I2 Interest Crediting:
(a) After receipt of each Fixed Account Allocation, and in accordance with paragraph (b) below, First SAFECO will credit interest to the Fixed Account Allocation at a rate determined according to First SAFECO's investment year method of assigning interest credits. Under this method the interest credits will be based on the original period of receipt of such funds.
FIXED ACCOUNT PROVISIONS. 10 PART 8 - ANNUITY PROVISIONS ............................................. 11 PART 9 - TRANSFERS ...................................................... 12 PART 10 - WITHDRAWAL PROVISIONS .......................................... 13
FIXED ACCOUNT PROVISIONS. INVESTMENT ACCOUNT We will establish a separate Investment Account for you each time you allocate amounts to a fixed Investment Option. Any amounts you allocate to the same fixed Investment Option on the same day will establish a new Investment Account. Amounts invested in these Investment Accounts will earn interest at the guaranteed rate in effect on the date the amounts are allocated for the duration of the guarantee period. We will determine the guaranteed rate from time to time for new allocations, but in no event will the minimum guaranteed rate under a fixed Investment Account be less than 4%. GUARANTEE PERIODS For any amounts allocated to the fixed options, you have the choice of the length of the guarantee period. The amount can be allocated into any combination of the 1-year, 3-year or 6-year guarantee periods. Separate Investment Accounts will be established for each guarantee period. The guarantee period will be the 1-year, 3-year or 6-year period measured from the date the amount is allocated to the Investment Account.
FIXED ACCOUNT PROVISIONS. The Fixed Account is the general account of the Company. It is made up of all assets of the Company other than: (1) those in the Variable Account; and (2) those in any other segregated asset account. INTEREST TO BE CREDITED The Company will credit interest to the Fixed Account Certificate Value. Such interest will be credited at such rate or rates as the Company prospectively declares from time to time, at the sole discretion of the Company. Such rates will be declared to the Certificate Owner in writing after each quarterly period. Any such rate or rates so determined, for which deposits are
FIXED ACCOUNT PROVISIONS. 7.1 PART 8 - ANNUITY PROVISIONS 8.1 PART 9 - TRANSFERS 9.1 PART 10 - WITHDRAWAL PROVISIONS 10.1 PART 11 - FEES AND DEDUCTIONS 11.1 PART 12 - LOAN PROVISIONS 12.1 PART 13 - PAYMENT OF CONTRACT BENEFITS 13.1 TABLE OF ANNUITY PAYMENT RATES T.1
FIXED ACCOUNT PROVISIONS. INVESTMENT ACCOUNT We will establish a separate Investment Account for you each time you allocate amounts to a fixed Investment Option. Any amounts you allocate to the same fixed Investment Option on the same day will establish a new Investment Account. Amounts invested in these Investment Accounts will earn interest at the guaranteed rate in effect on the date the amounts are allocated for the duration of the guarantee period. We will determine the guaranteed rate from time to time for new allocations, but in no event will the minimum guaranteed rate under a fixed Investment Account be less than 3%. GUARANTEE PERIODS For any amounts allocated to the fixed Investment Options, you have the choice of the guarantee periods available. The amount can be allocated into any combination
