Common use of Minimum Values Clause in Contracts

Minimum Values. The minimum values for any cash surrender benefit and Death Benefit available under this contract are not less than those required by the state of New York. L40538-NY 18 Allianz Life Insurance Company of New York [One Chase Manhattan Plaza, 37th Floor] [New York, NY 10005-1423] [800/624-0197] Individual Flexible Purchase Payment Variable and Index-Linked Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or an incidental Death Benefit. This is a variable annuity contract with Contract Value increasing or decreasing depending on the experience of the Variable Account and Index Options. Investment in the contract may result in a loss of Purchase Payments. This contract is nonparticipating, with no dividends payable. Benefits available under this contract are not less than those required by New York statute.

Appears in 2 contracts

Samples: Allianz Life of Ny Variable Account C, Allianz Life Insurance Co of New York

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Minimum Values. The minimum values for any cash surrender benefit and Death Benefit available under this contract are not less than those required by the state of New York. L40538-NY 18 NY0118 Allianz Life Insurance Company of New York [One Chase Manhattan Plaza, 37th Floor] [New York, NY 10005-1423] [800/624-0197] Individual Flexible Purchase Payment Variable and Index-Linked Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or an incidental Death Benefit. This is a variable annuity contract with Contract Value increasing or decreasing depending on the experience of the Variable Account and Index Options. Investment in the contract may result in a loss of Purchase Payments. This contract is nonparticipating, with no dividends payable. Benefits available under this contract are not less than those required by New York statute.

Appears in 1 contract

Samples: Allianz Life Insurance Co of New York

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Minimum Values. The minimum values for any cash surrender benefit and Death Benefit available under this contract are not less than those required by the state of New York. L40538-NY 18 NY01 Allianz Life Insurance Company of New York [One Chase Manhattan Plaza, 37th Floor] [New York, NY 10005-1423] [800/624-0197] Individual Flexible Purchase Payment Variable and Index-Linked Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or an incidental Death Benefit. This is a variable annuity contract with Contract Value increasing or decreasing depending on the experience of the Variable Account and Index Options. Investment in the contract may result in a loss of Purchase Payments. This contract is nonparticipating, with no dividends payable. Benefits available under this contract are not less than those required by New York statute.

Appears in 1 contract

Samples: Allianz Life of Ny Variable Account C

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