VARIABLE ANNUITY. An annuity with payments that increase or decrease in accordance with the investment results of the selected Sub-Account(s).
VARIABLE ANNUITY. An Annuity with payments which vary with the net investment results of a Separate Account.
VARIABLE ANNUITY. An annuity with payments which vary as to dollar amount in relation to the investment performance of specified Sub-Accounts of the Variable Account.
VARIABLE ANNUITY. An Annuity with payments that vary with the net investment results of one or more Funds under the Separate Account.
VARIABLE ANNUITY. You may elect to have the Adjusted Contract Value applied to provide a variable annuity. Variable Annuity Payments reflect the investment performance of the Variable Account in accordance with the allocation of the Adjusted Contract Value to the sub-accounts during the Annuity Phase. Variable Annuity Payments are not guaranteed as to dollar amount. On the Income Date, Annuity Units will be purchased as follows: The first Annuity Payment is equal to the Adjusted Contract Value, divided first by $1000 and then multiplied by the appropriate Annuity Payment amount for each $1000 of value for the Annuity Option selected as set forth in the table at the end of the Contract. These rates are based on the specified Assumed Investment Return and the 1983(a) Individual Annuity Mortality Table with mortality improvement projected 30 years using Mortality Projection Scale G. In each sub-account, the number of Annuity Units is determined by dividing the amount of the initial Annuity Payment determined for each sub-account by the Annuity Unit value on the Income Date. Thereafter, the number of Annuity Units in each sub-account remains unchanged unless you elect to transfer between sub-accounts. All calculations will appropriately reflect the Annuity Payment frequency selected. On each subsequent Annuity Payment date, the total Annuity Payment is the sum of the Annuity Payments for each sub-account. The Annuity Payment in each sub-account is determined by multiplying the number of Annuity Units then allocated to such sub-account by the Annuity Unit value for that sub-account. On each subsequent Valuation Date, the value of an Annuity Unit is determined in the following way:
VARIABLE ANNUITY. An annuity payable from the Separate Account with payments which increase or decrease in dollar amount to reflect the investment experience of the sub-accounts of the Separate Account.
VARIABLE ANNUITY. An Annuity of a varying dollar amount paid from the Separate Account.
VARIABLE ANNUITY. Contract - An Annuity Contract providing for the accumulation of value and/or for Annuity payments which vary in amount based on investment results.
VARIABLE ANNUITY. A series of periodic annuity payments which vary in amount according to the investment experience of one or more Subaccounts, as selected by You. WE, OUR, US, THE COMPANY Anchor National Life Insurance Company. YOU, YOUR The Participant. PURCHASE PAYMENT PROVISIONS PURCHASE PAYMENTS Purchase Payments are flexible. This means that, subject to Company declared minimums and maximums, You may change the amounts, frequency or timing of Purchase Payments. Purchase Payments will be allocated to the Fixed Account Option(s) and Subaccount(s) in accordance with instructions from You. We reserve the right to specify the minimum Purchase Payment that may be allocated to a Subaccount under the Certificate. DEFERMENT OF PAYMENTS We may defer making payments from the Fixed Account Options for up to six (6) months. Interest, subject to state requirements, will be credited during the deferral period. SUSPENSION OF PAYMENTS We may suspend or postpone any payments from the Subaccounts if any of the following occur:
(a) the NYSE is closed;
(b) trading on the NYSE is restricted;
(c) an emergency exists such that it is not reasonably practical to dispose of securities in the Portfolios or to determine the value of its assets; or
(d) the Securities and Exchange Commission, by order, so permits for the protection of Participants. Conditions in (b) and (c) will be decided by or in accordance with rules of the Securities and Exchange Commission.
VARIABLE ANNUITY. An Annuity with payments that vary with the net investment results of the Funds available under this contract. Aetna reserves the right to limit the Fund(s) available with the Variable Annuity Payment Guarantee, if applicable.
