Common use of GLWB Investment Restrictions Clause in Contracts

GLWB Investment Restrictions. All Contributions and value in the GLWB Participant’s Account must be allocated to Variable Accounts that invest in Covered Funds.

Appears in 2 contracts

Samples: Group Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Co of New York)), Group Fixed and Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Company))

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GLWB Investment Restrictions. All Contributions by the Owner, and value in all of the GLWB Participant’s Account Contract Value, must be allocated to Variable Accounts that invest in Covered Funds.

Appears in 2 contracts

Samples: Nonparticipating, Individual Flexible Premium Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Company)), Individual Flexible Premium Variable Deferred Annuity Contract (Variable Annuity-8 Series Account (Of Great-West Life & Annuity Insurance Co of New York))

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GLWB Investment Restrictions. All Contributions by or on behalf of an Owner, and value in the GLWB Participantan Owner’s Account entire Contract Value, must be allocated to Variable Accounts that invest in Covered Funds.

Appears in 1 contract

Samples: Individual Deferred Annuity Contract (Variable Annuity-8 Series Account)

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