Common use of FIXED ACCOUNT Clause in Contracts

FIXED ACCOUNT. The Fixed Account is funded by the General Account of the Company. The Fixed Account is credited with interest as described under the Nonforfeiture Provisions. In addition to allocating your Net Premiums to one or more of the Subaccounts described above, you may direct all or part of your Net Premiums into the Fixed Account.

Appears in 6 contracts

Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 5, Nationwide Vli Separate Account 5

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FIXED ACCOUNT. The Fixed Account is funded by the General Account of the Company. The Fixed Account is credited with interest as described under the Nonforfeiture Provisions. In addition to allocating your Net Premiums premiums to one or more of the Subaccounts described above, you may direct all or part of your Net Premiums premiums into the Fixed Account.

Appears in 3 contracts

Samples: Nationwide Vli Separate Account 5, Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 4

FIXED ACCOUNT. The Fixed Account is Accounts are funded by the General Account of the Company. The Fixed Account is Accounts are credited with interest as described under the Nonforfeiture ProvisionsProvisions but the crediting rate may vary among Fixed Accounts. In addition to allocating your Net Premiums to one or more of the Subaccounts described above, you may direct all or part of your Net Premiums into one or more of the Fixed AccountAccounts identified on the Policy Data Page.

Appears in 3 contracts

Samples: Nationwide VLI Separate Account-7, Nationwide VLI Separate Account-7, Nationwide VL Separate Account-G

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FIXED ACCOUNT. The Fixed Account is funded by the General Account of the Company. The Fixed Account is credited with interest as described under the Nonforfeiture Provisions. When interest above the guaranteed rate is credited to the Fixed Account, it is non-forfeitable. In addition to allocating your Net Premiums to one or more of the Subaccounts described above, you may direct all or part of your Net Premiums into the Fixed Account.

Appears in 1 contract

Samples: Nationwide VLI Separate Account-7

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