Payment of Adjusted Current Value. Upon 90 days' written notice to the Certificate Holder, Aetna will terminate any Account if the Current Value becomes less than $2,500 immediately following any partial surrender. Aetna does not intend to exercise this right in cases where an Account Current Value is reduced to $2,500 or less solely due to investment performance. A Surrender Fee will not be deducted from the Adjusted Current Value.
Appears in 4 contracts
Samples: Insurance Contract (VOYA RETIREMENT INSURANCE & ANNUITY Co), Insurance Contract (Variable Annuity Account I of Aetna Insurance Co of America), Group Contract (Variable Annuity Account B of Aetna Life Ins & Annuity Co)
Payment of Adjusted Current Value. Upon 90 days' written notice to the Certificate Holder, Aetna will terminate any Account if the Current Value becomes less than $2,500 immediately following any partial surrender. Aetna does not intend to exercise this right in cases where an Account Current Value is reduced to $2,500 or less solely due to investment performance. A Surrender Fee will not be deducted from the Adjusted Current Value.
Appears in 2 contracts
Samples: Group Annuity Certificate (VOYA RETIREMENT INSURANCE & ANNUITY Co), Group Annuity Contract (Aetna Life Insurance & Annuity Co /Ct)
