Purchase Payment Account Value. The Purchase Payment Account holds each Purchase Payment until it is applied to a Crediting Strategy on a Strategy Application Date. The Strategy Application Dates are set out on the Contract Specifications page. Until it is applied to a Crediting Strategy, the value of the Purchase Payment Account is equal to:
Appears in 11 contracts
Samples: Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Annuity Contract (Massmutual Ascend Life Insurance Co)