Common use of Minimum Benefits Clause in Contracts

Minimum Benefits. The benefits provided under this contract are not less than the minimum benefits required by New York. Such benefits may be altered by increases and/or decreases in the investment performance of the variable Investment Options, loans and loan repayments, and partial or full withdrawals as described in the applicable sections of this Contract.

Appears in 3 contracts

Samples: Read Your Contract Carefully (Separate Account a of Pacific Life & Annuity Co), Separate Account a of Pacific Life & Annuity Co, Separate Account a of Pacific Life & Annuity Co

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Minimum Benefits. The benefits provided under this contract are not less than the minimum benefits required by any statute of the insurance laws of the state of New York. Such benefits may be altered by additional amounts credited, increases and/or decreases in the investment performance of the variable Investment Options, loans and loan repayments, and partial withdrawals or full withdrawals surrenders as described in the applicable sections of this Contract.

Appears in 1 contract

Samples: Separate Account a of Pacific Life & Annuity Co

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