Common use of General Account Clause in Contracts

General Account. The General Account consists of our assets, other than those assets allocated to Separate Account A or to any of our other separate accounts. Investment Option – A Variable Account offered under the Contract. Loan Account – The account in which the amount equal to the principal amount of a loan and any interest accrued is held to secure any Contract Debt. Loan Account Value – The amount, including any interest accrued, held in the Loan Account to secure any Contract Debt. Net Contract Value – The Contract Value less any Contract Debt. Non-Natural Owner – A corporation or other entity that is not a (natural) person.

Appears in 5 contracts

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co)

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General Account. The General Account consists of our assets, other than those assets allocated to Separate Account A or to any of our other separate accounts. Investment Option – A Variable Account offered under the Contract. Loan Account – The account in which the amount equal to the principal amount of a loan and any interest accrued is held to secure any Contract Debt. Loan Account Value – The amount, including any interest accrued, held in the Loan Account to secure any Contract Debt. Net Contract Value – The Contract Value less any Contract Debt. Non-Natural Owner – A corporation or other entity that is not a (natural) person.

Appears in 4 contracts

Samples: Annuity Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life & Annuity Co), Insurance Contract (Separate Account a of Pacific Life Insurance Co)

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General Account. The General Account consists of our assets, other than those assets allocated to Separate Account A or to any of our other separate accounts. Investment Option A Variable Account offered under the Contract. Loan Account The account in which the amount equal to the principal amount of a loan and any interest accrued is held to secure any Contract Debt. Loan Account Value The amount, including any interest accrued, held in the Loan Account to secure any Contract Debt. Net Contract Value – The Contract Value less any Contract Debt. Non-Natural Owner – A corporation or other entity that is not a (natural) person.

Appears in 1 contract

Samples: Insurance Contract (Separate Account a of Pacific Life Insurance Co)

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