Examples of Variable annuity contract in a sentence

Exposure to equity risk Variable annuity contract relatedJackson issues variable contracts through its separate accounts for which investment income and investment gains and losses accrue to, and investment risk is borne by, the contract holder (traditional variable annuities).
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 group annuity contract issued by an insurance carrier. The rate(s) of return for the investment will vary based on the performance of the investment choice(s) available through the variable annuity and could lose value.

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 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 means any contract, which provides for annuity benefits which may vary according to the investment experience of any separate account or accounts maintained by the insurer as to such contract.