Examples of Variable annuity contract in a sentence

Variable annuity contract holder settlement options are much like those offered under other annuity contracts.
Variable annuity contract owners age 79 or younger at contract issue can also obtain the principal-back guarantee by purchasing the optional GMAB rider for an additional charge, which provides a guaranteed contract value at the end of a 10-year waiting period.

More Definitions of Variable annuity contract

Variable annuity contract means an annuity where the contributions, after the deduction of administrative charges, are deposited in an investment fund and the benefits payable depend on the performance of that fund;

Variable annuity contract means any policy or contract which provides for annuity benefits that vary according to the investment experience of any separate account or accounts maintained by the insurer as to such policy or contract, as provided for in North Dakota Century Code sections 26.1-33-13 and 26.1-34-11.

Variable annuity contract means a written annuity contract issued by the CEDING COMPANY or any of its predecessors, or issued by First Allmerica Financial Life Insurance Company or any of its predecessors and 100% reinsured or coinsured by CEDING COMPANY or any of its predecessors, in accordance with which the issuing company agrees to provide specified benefits in accordance with specified terms and conditions and further subject to criteria of Article III, paragraph A. A VARIABLE ANNUITY CONTRACT shall include riders and endorsements to a contract.

Variable annuity contract or “Contract” means any accumulation contract or annuity contract, any portion thereof, or any unit of interest or participation therein pursuant to which the value of the contract, either during an accumulation period or after annuitization, or both, varies according to the investment experience of the separate account in which the contract participates. Unless the context otherwise requires, “Variable Annuity Contract” or “Contract” refers to the Variable Annuity Contracts being offered pursuant to the registration statement prepared on this Form.

Variable annuity contract means a separate account annuity contract that includes provision for deferred or immediate annuity payments the amount of which, after such payments have commenced, varies according to the investment experience of any separate account maintained by the insurer as to such contract, as provided in §4240 of the Insurance Law. See §50.1(a)(4) of Regulation No, 47 [11 NYCRR 50]. Unallocated separate account annuity contracts may provide for the purchase of variable annuity contracts for employees upon termination of employment.

Variable annuity contract means any policy or contract which provides for annuity benefits which vary according to the investment experience of any separate account or accounts maintained by the insurer as to such contract, as provided for in Section 2537 of the Maine Insurance Code (Title 24-A, M.R.S.A.) or pursuant to the corresponding Section of the Insurance Laws of the state of domicile of a foreign or alien insurer.