Common use of Fixed Account Value Clause in Contracts

Fixed Account Value. On the contract date the fixed account value equals: (1) the portion of the premium allocated to the fixed account; less (2) the portion of the annual administration fee allocated to the fixed account. On each valuation day the fixed account value will be equal to: A + B + C - D - E - F "A" is the fixed account value on the preceding valuation date plus interest from the preceding valuation date to the date of calculation.

Fixed Account Value. On the contract date the fixed account value equals: (1) the portion of the premium allocated to the fixed account; less (2) the portion of the annual administration fee allocated to the fixed account. On each valuation day the fixed account value will be equal to: A + B + C - D - E - F "A" is the fixed account value on the preceding valuation date plus interest from the preceding valuation date day to the date of calculation.

Fixed Account Value. On the contract date the fixed account value equals: (1) is equal to the portion of the premium allocated to the fixed account; less (2) the portion of the annual administration fee allocated to the fixed account. On each valuation day the fixed account value will be equal to: A + B + C - D - E - F "“A" ” is the fixed account value on the preceding valuation date plus interest from the preceding valuation date day to the date of calculation.

Fixed Account Value. On the contract date the fixed account value equals: (1) the portion of the premium allocated to the fixed account; less (2) the portion of the annual administration fee allocated to the fixed account. On each valuation day the fixed account value will be equal to: A + B + C - D - E - F "A" is the fixed account value on the preceding valuation date plus interest from the preceding valuation date day to the date of calculation.

Fixed Account Value. On the contract date the fixed account value equals: (1) is equal to the portion of the premium allocated to the fixed account; less (2) the portion of the annual administration fee allocated to the fixed account. On each valuation day the fixed account value will be equal to: A + B + C - D - E - F "A" is the fixed account value on the preceding valuation date plus interest from the preceding valuation date day to the date of calculation.