Common use of Minimum Values Clause in Contracts

Minimum Values. The minimum values for any paid-up annuity benefit, cash surrender benefit, and Death Benefit available under this contract are not less than those required by the state of New York. L40538-NY 15 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 Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or a 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. Contract Value is not guaranteed as fixed dollar amounts. 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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Minimum Values. The minimum values for any paid-up annuity benefit, cash surrender benefit, and Death Benefit available under this contract are not less than those required by the state of New York. L40538L40533-NY 15 16 Allianz Life Insurance Company of New York [One Chase Manhattan Plaza, 37th Floor] [Floor New York, NY 10005-1423] [800/624-0197] Individual Flexible Purchase Payment Variable Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or a Death Benefit. This is a variable annuity contract with Contract Value Value, Annuity Payments, and Base Death Benefit increasing or decreasing depending on the experience of the Variable Account Account. Contract Value, Annuity Payments, and Index Options. Investment Base Death Benefit in the contract may result in a loss of Purchase Payments. Contract Value is Variable Account are not guaranteed as to fixed dollar amounts. 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

Minimum Values. The minimum values for any paid-up annuity benefit, cash surrender benefit, and Death Benefit available under this contract are not less than those required by the state of New York. L40538L40534-NY 15 14 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 Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or a 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 PaymentsAccount. Contract Value is in the Variable Account are not guaranteed as fixed dollar amounts. This contract is nonparticipating, with no dividends payable. Benefits available under this contract are not less than those required by New York statute.. L40534-NY

Appears in 1 contract

Samples: Allianz Life of Ny Variable Account C

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Minimum Values. The minimum values for any paid-up annuity benefit, cash surrender benefit, and Death Benefit available under this contract are not less than those required by the state of New York. L40538L40537-NY 15 12 Allianz Life Insurance Company of New York [One Chase Manhattan Plaza, 37th Floor] [Floor New York, NY 10005-1423] [800/624-0197] Individual Flexible Purchase Payment Variable Deferred Annuity Contract Purchase Payments we receive for this contract accumulate to provide Annuity Payments or a 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 PaymentsAccount. Contract Value in the Variable Account is not guaranteed as a fixed dollar amountsamount. 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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