PRINCIPAL UNDERWRITING AGREEMENTExhibit 16 • April 2nd, 2021 • VOYA RETIREMENT INSURANCE & ANNUITY Co • Life insurance • Connecticut
THIS UNDERWRITING AGREEMENT (“Agreement”) is effective as of the 17th day of November, 2006, by and between ING Life Insurance and Annuity Company (“ILIAC”), on its own behalf and on behalf of its nonunitized separate accounts for modified guaranteed annuity contracts (“MGA Accounts”), and on behalf of Variable Annuity Accounts B, C, F, G and I, Separate Account D, and Variable Life Accounts B and C (separate accounts of ILIAC (Variable Annuity Accounts B, C, F, G and I, Separate Account D and Variable Life Accounts B and C hereinafter collectively referred to as the “Accounts”)), and ING Financial Advisers, LLC (the “Underwriter”).
The Contract Holder may cancel this Contract within 10 days of receiving it byVOYA RETIREMENT INSURANCE & ANNUITY Co • April 2nd, 2021 • Life insurance
returning this Contract along with a written notice to Aetna at the above address or to the agent from whom it was purchased. Within 7 days after it receives the notice of cancellation and this Contract at its Home Office, Aetna will return the entire consideration paid. Signed at the Home Office on the Effective Date. /s/Dan Kearney /s/ Marie McKeon President Secretary Individual Single Premium Modified Guaranteed Deferred Annuity Contract Nonparticipating THIS CONTRACT CONTAINS A MARKET VALUE ADJUSTMENT FORMULA. APPLICATION OF A MARKET VALUE ADJUSTMENT MAY RESULT IN EITHER AN INCREASE OR DECREASE IN THE CURRENT VALUE. THE MARKET VALUE ADJUSTMENT FORMULA DOES NOT APPLY TO A GUARANTEED PERIOD AT THE TIME OF ITS MATURITY. I2-MGA-95 Specifications ----------------------------------------------------------------------------- Guaranteed There is a guaranteed interest rate for the Purchase Interest Rate Payment held in the AMG Account. (See Contract Schedule I). ------------------
