Common use of Sub-Accounts Clause in Contracts

Sub-Accounts. The Variable Account is divided into Sub-Accounts, some of which are available under the contract. Each Sub-Account that is available under this contract invests in shares of a Fund. Funds initially available are set forth on the Contract Data Page(s). Shares of a Fund will be purchased and redeemed for a Sub-Account at their net asset value. We will reinvest the net asset value of the income, dividends, and gains distributed from shares of a Fund in additional shares of that Fund. The Fund prospectuses define the net asset value and describe the Funds. The dollar amounts of values and benefits of this contract provided by the Variable Account depend on the investment performance of the selected Sub-Accounts are invested. We do not the investment performance of the Funds. You bear the full investment risk for amounts applied to the selected Sub-Accounts.

Sub-Accounts. The Variable Account is divided into Sub-Accounts, some of which are available under the contract. Each Sub-Account that is available under this contract invests in shares of a Fund. Funds initially available selected are set forth on the Contract Data Page(s). Shares of a Fund will be purchased and redeemed for a Sub-Account at their net asset value. We will reinvest the net asset value of the income, dividends, and gains gains, distributed from shares of a Fund Fund, in additional shares of that Fund. The Fund prospectuses define the net asset value and describe the Funds. The dollar amounts of values and benefits of this contract provided by the Variable Account depend on the investment performance of the Funds in which your selected Sub-Accounts are invested. We do not guarantee the investment performance of the Funds. You bear the full investment risk for amounts applied to the selected Sub-Accounts.

Sub-Accounts. The Variable Account is divided into Sub-Accounts, some of which are available under the contract. Each Sub-Account that is available under this contract invests in shares of a Fund. Funds initially available are set forth on the Contract Data Page(s). Shares of a Fund will be purchased and redeemed for a Sub-Account at their net asset value. We will reinvest the net asset value of the income, dividends, and gains distributed from shares of a Fund in additional shares of that Fund. The Fund prospectuses define the net asset value and describe the Funds. The dollar amounts of values and benefits of this contract provided by the Variable Account depend on the investment performance of the Fund in which your selected Sub-Accounts are invested. We do not guarantee the investment performance of the Funds. You bear the full investment risk for amounts applied to the selected Sub-Accounts.