Flexible Premium Deferred Variable Annuity (Prior Contract, issued 2002 – 2005)Flexible Premium Deferred Variable Annuity • November 7th, 2020
Contract Type FiledNovember 7th, 2020The contract allows for the accumulation of assets (generally for retirement) by allowing premium payments to be invested into one or more variable subaccounts and/or the Fixed Account. Then, starting on or before the maturity date, the contract provides for a stream of income for life or some other period of time through a settlement option selected by the contract owner. Investments made into variable subaccounts are not guaranteed and may lose value.