Variable Investment Option definition

Variable Investment Option means a separate account or a subdivision of a Separate Account available under this Contract. A Variable Investment Option may invest its assets in an Investment Fund.

Variable Investment Option means a subdivision of a Separate Account available under this Contract and includes the Segment Type Holding Accounts unless otherwise noted. A Variable Investment Option may invest its assets in an Investment Fund.

Variable Investment Option. Those investment options available under the Contract through the Subaccounts as of any given time. Variable Investment Options as of the Contract Date are shown on the Contract Data pages.

Examples of Variable Investment Option in a sentence

• The request may be in terms of dollars, such as a request to transfer $5,000 from one Variable Investment Option to another, or may be in terms of a percentage reallocation among Variable Investment Options.

• The amount you have in a Variable Investment Option at any time is equal to the number of Accumulation Units you have in that Variable Investment Option multiplied by the Variable Investment Option’s Accumulation Unit Value at that time.

• To the extent the Separate Account invests in Investment Funds, and the assets of the Investment Funds are invested in a class or series of shares of a specified trust or investment company, the Accumulation Unit Value of a Variable Investment Option for any Valuation Period is equal to the Accumulation Unit Value for that Fund on the immediately preceding Valuation Period multiplied by the Net Investment Factor for that Fund for the current Valuation Period.

• Pruco Life reserves the right to postpone payment of that part of the proceeds that is to come from any Variable Investment Option (provided by a separate account registered under the Investment Company Act of 1940) if; (1) the New York Stock Exchange is closed; or (2) the SEC requires that trading be restricted or declares an emergency.

• We may charge a Variable Investment Option Facilitation Charge in order to make certain funds available as Variable Investment Options under this Contract.

More Definitions of Variable Investment Option

Variable Investment Option means a subdivision of a Separate Account available under this Certificate. A Variable Investment Option may invest its assets in a separate class (or series) of shares of a specified trust or investment company where each class (or series) represents a separate portfolio in the specified trust or investment company.

Variable Investment Option means each Management Account without divisions, each division of a Management Account, and each division of a Series Account.

Variable Investment Option means a Separate Account or a subdivision of a Separate Account available under your Contract and includes the Segment Type Holding Accounts unless otherwise noted. A Variable Investment Option may invest its assets in an Investment Fund.

Variable Investment Option means a separate account or a subdivision of a Separate Account and it includes the Segment Type Holding Accounts available under the Certificate. A Variable Investment Option may invest its assets in an Investment Fund.

Variable Investment Option means a Separate Account or a subdivision of a Separate Account.

Variable Investment Option. Those investment options available under the Contact through the Subaccounts as of any given time.

Variable Investment Option means either a sub-account of a Separate Account, or a Separate Account that has not been divided into sub-accounts. A Variable Investment Option may invest its assets in a separate class (or series) of shares of a designated Trust where each class (or series) represents a separate portfolio in such Trust.