The Accumulation Value. The Accumulation Value of this Contract is the sum of the Accumulation Values in each of the Sub- accounts. Each Sub-account is valued at the close of each Business Day for the preceding Valuation Period. On the Contract Date, the Accumulation Value in each Sub-account equals the Initial Premium allocated to that Sub-account, less premium tax if applicable. ICC12 IL-IA-4030
Appears in 2 contracts
Samples: Variable Annuity Account B of Ing Life Insurance & Annuity Co, Variable Annuity Account B of Ing Life Insurance & Annuity Co
The Accumulation Value. The Accumulation Value of this Contract is the sum of the Accumulation Values Value in each of the Variable Sub- accounts. Each Variable Sub-account is will be valued at the close end of each Business Day for the preceding Valuation Period. On the Contract Date, the Accumulation Value in each Variable Sub-account equals the Initial Premium plus Premium Credits allocated to that Variable Sub-account, less premium tax any Premium Tax, if applicable. ICC12 ILIU-IA-4030IA-4000 On each Business Day thereafter, the Accumulation Value in each Variable Sub-account is calculated as follows:
Appears in 1 contract
Samples: Separate Account B of Ing Usa Annuity Life Insurance Co
The Accumulation Value. The Accumulation Value of this Contract is the sum of the Accumulation Values in each of the Sub- variable sub-accounts. Each Subvariable sub-account is valued at the close of each Business Day for the preceding Valuation Period. On the Contract Date, the Accumulation Value in each Subvariable sub-account equals the Initial Premium allocated to that Subvariable sub-account, less premium tax if applicable. ICC12 ILICC10 IU-IA-4030IA-4027 11 At the close of each Business Day thereafter, the Accumulation Value in each variable sub-account is calculated as follows:
Appears in 1 contract
Samples: Variable Annuity Account B of Ing Life Insurance & Annuity Co
