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: Jefferson National Life of New York Annuity Account 1, Jefferson National Life Annuity Account G, Jefferson National Life Annuity Account G

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

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