Examples of Annuity in a sentence
If Client has purchased a Variable Annuity that is part of the Account, Client acknowledges that Client has received the prospectus and is relying solely on the disclosure contained in the prospectus with respect to the terms and conditions of the Variable Annuity.
If a separate check made payable to the Variable Annuity sponsor is not attached, Client hereby authorizes and instructs IAR and LPL to withdraw funds from the Account in the form of a check made payable to the Variable Annuity sponsor.
The Account Fee will not be withdrawn or deducted by LPL from any Variable Annuity that is part of the Account.
Client understands that certain riders purchased with a Variable Annuity may limit the investment options and the ability to manage the subaccount.
For example, Variable Annuity, Hedge Fund and Managed Future positions are often held directly with the investment sponsor.