Common use of Highest Anniversary Value Clause in Contracts

Highest Anniversary Value. On the Issue Date we set this value ------------------------- equal to your initial Purchase Payment. During each Contract Year we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction in Account Balance attributable to any partial withdrawals taken. On every Contract Anniversary prior to the Owner's (or Oldest Joint Owner's) 81st birthday, we compare this value to the current Account Balance and we set the Highest Anniversary Value equal to the higher amount.

Highest Anniversary Value. On the Issue Date we set this value ------------------------- equal to ------------------------- your initial Purchase Payment. During each Contract Year we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction in Account Balance attributable to any partial withdrawals taken. On every Contract Anniversary prior to the Owner's (or Oldest Joint Owner's) 81st birthday, we compare this value to the current Account Balance and we set the Highest Anniversary Value equal to the higher amount.

Highest Anniversary Value. On the Issue Date we set ------------------------- this value ------------------------- equal to your initial Purchase Payment. During each Contract Year Year, we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction in Account Balance attributable to any partial withdrawals taken. On every Contract Anniversary prior to the Owner's (or Oldest Joint Owner's) 81st birthday, we compare this value to the current Account Balance and we set the Highest Anniversary Value equal to the higher amount.

Highest Anniversary Value. On the Issue Date we set this value equal ------------------------- equal to your initial Purchase Payment. During each Contract Year Year, we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction in Account Balance attributable to any partial withdrawals taken. On every Contract Anniversary prior to the Owner's (or Oldest Joint Owner's) 81st birthday, we compare this value to the current Account Balance and we set the Highest Anniversary Value equal to the higher amount.

Highest Anniversary Value. On the Issue Date we set this value ------------------------- equal to your initial Purchase Payment. During each Contract Year Year, we increase this value by any Purchase Payments made and reduce it proportionately by the Percentage Reduction in Account Balance Contract Value attributable to any partial withdrawals taken. On every Contract Anniversary prior to the Owner's (or Oldest Joint Owner's) 81st birthday, we compare this value to the current Account Balance Contract Value and we set the Highest Anniversary Value equal to the higher amount.