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Common use of Sub Account Clause in Contracts

Sub Account. Separate Account assets are divided into Sub-Accounts. Each Sub-Account will invest its assets in shares of a single Eligible Fund or a single Portfolio of an Eligible Fund.

Appears in 3 contracts

Samples: Insurance Contract (Jefferson National Life of New York Annuity Account 1), Insurance Contract (Jefferson National Life Annuity Account G), Insurance Contract (Jefferson National Life Annuity Account G)

Sub Account. Separate Account assets are divided into Sub-AccountsAccount(s), which are listed on the Contract Schedule. Each Assets of each Sub-Account will invest its assets be invested in shares of a single an Eligible Fund Investment or a single Portfolio Series of an Eligible FundInvestment.

Appears in 1 contract

Samples: Annuity Contract (Massachusetts Mutual Variable Annuity Separate Account 4)