AMOUNTS AT RISK Sample Clauses

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the minimum guaranteed death benefit over the Account Value. At issue, the minimum guaranteed death benefit is equal to the purchase price of the contract. Refer to Schedule C for a detailed description of the guaranteed minimum death benefit. B. After age 85, the minimum guaranteed death benefit is the annuity value and the reinsurance amount at risk is zero. C. The Account Value represents the Annuitant holder’s invested assets in the funds in Schedule B as it appears in the records of National Integrity Life before application of any surrender charges, on any given date. D. The amount at risk each quarter will be calculated as the reinsurance death benefit for each variable annuity Account covered under this agreement. For determining the amount at risk, the minimum guaranteed death benefit and the Account Value are calculated as the average of the values at the end of the current quarter and the end of the prior quarter. The amount at risk cannot fall below zero.

AMOUNTS AT RISK. (a) First Data will place the Amount at Risk for Print Production Services at risk each month for Service Level Credits in this Agreement for Print Service Levels. (b) First Data will place the Amount at Risk for Plastics Production Services at risk each month for Service Level Credits in this Agreement for Plastics Service Levels.

AMOUNTS AT RISK. The reinsurance death benefit is 50% of the excess of the guaranteed minimum death benefit over the contract value. The death benefit is paid upon the death of the last annuitant. VENTURE ALL CONTRACTS BEGINNING WITH FORM NUMBER 207, EXCEPT; EXCLUDE FORM 207-VFA-NY; INCLUDE FORM VFA-MN; INCLUDE ALL CERTIFICATES BEGINNING WITH FORM VFA-CERT If the annuitant dies prior to their 85 birthday, the guaranteed minimum death benefit payable upon death of the last surviving annuitant, during the first 6 Contract Years, will be the greater of the Contract Value or the sum of all Purchase Payments made, less any amount deducted in connection with partial withdrawals. During any subsequent 6 Contract Year period, the minimum death benefit will be the greater of the Contract Value, or the minimum death benefit on the last day of the previous 6 Contract Year period plus any Purchase Payments made and less any amount deducted in connection with partial withdrawals since then. If the oldest annuitant has an attained age over 85 at death, the policy form does not provide a minimum death benefit guarantee and is not covered by the treaty. ALL CONTRACTS BEGINNING WITH FORM NUMBER 207, WHICH HAVE FORM ENDORSEMENT.005 ATTACHED, EXCEPT; EXCLUDE FORM 207-VFA-NY; INCLUDE CONTRACTS ISSUED IN MONTANA WHICH USE FORM ENDORSEMENT.005.94 ALL CONTRACTS BEGINNING WITH FORM VFA-MN WITH FORM ENDORSEMENT.005 ATTACHED ALL CERTIFICATES BEGINNING WITH FORM VFA-CERT WITH FORM ENDORSEMENT.007 ATTACHED If the Annuitant dies on or prior to the first of the month following his/her 85th birthday, the Death Benefit during the first Contract Year, will be the greater of: the Contract Value, or the sum of all Payments made, less any amount deducted in connection with partial withdrawals. During any subsequent Contract Year, the Death Benefit will be the greater of: the Contract Value, or the Death Benefit on the last day of the previous Contract Year plus any Payments made and less any amounts deducted in connection with partial withdrawals, since then. Death benefits payable after age 85 are not covered under this treaty Please refer to Schedule C for a detailed discussion of the guaranteed minimum death benefit.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. Please refer to Schedule C for a complete description of the guaranteed minimum death benefit. B. The Contract Value represents the owner's invested assets in the funds in Schedule B as it appears in the records of Hartford Life before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals: Hartford Life Insurance Company CIGNA Reinsurance Director; Putnam Capital ▇▇▇▇▇er; August 23, 1996 Select Dimensions; Pathmaker [REDACTED] C. The Net Amount At Risk, is equal to the guaranteed minimum death benefit less the Surrender Value at the end of each calendar month. The Net Amount At Risk cannot fall below zero.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the Contract Value as outlined in Schedule C attached hereto. B. The Contract Value represents the owner’s invested assets in the funds in Schedule Bas it appears in the records of PHL Variable before application of any surrender charges, on any given date.

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract surrender value. At issue, the guaranteed minimum death benefit is equal to the initial premium. Once every year thereafter, on the contract anniversary, prior to certificate or contract owner attained age 81, the guaranteed minimum death benefit is reset to the then current contract value, if this value exceeds the current guaranteed minimum death benefit. B. The Contract Value represents the owner's invested assets in the funds in Schedule B as it appears in the records of Ceding Company before application of any contingent deferred sales charge on any given date. The Surrender Value is defined as the Contract Value less any contingent deferred sales charge. The charge is a percentage of the amount surrendered (not to exceed the aggregate amount of the premium payments made) and equals:

AMOUNTS AT RISK. A. After age 89, the minimum guaranteed death benefit is the annuity value and the reinsurance amount at risk is zero. B. The contract value represents the certificate holder’s invested assets in the funds in Schedule B as it appears in the records of National Integrity Life before application of any surrender charges, on any given day. C. The amount at risk each quarter will be calculated as the reinsurance death benefit for each variable annuity contract covered under this agreement. For determining the amount at risk, the minimum guaranteed death benefit and the contract value are calculated as the average of the values at the end of the current quarter and the end of the prior quarter. The amount at risk cannot fall below zero. 2. The following Section A will be substituted for the corresponding Section A of ARTICLE III entitled

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the minimum guaranteed death benefit over the contract value. At issue, the minimum guaranteed death benefit is equal to the purchase price of the contract. Upon a contract withdrawal or additional purchase payment, the guaranteed minimum death benefit is decreased or increased to reflect the transaction. On each policy anniversary, to attained age 89, the minimum guaranteed death benefit equals the greater of: a) contract value; b) the prior anniversary guaranteed minimum death benefit plus any purchase payments less any withdrawals since the prior anniversary. B. After age 89, the minimum guaranteed death benefit is the annuity value and the reinsurance amount at risk is zero. C. The contract value represents the certificate holder’s invested assets in the funds in Schedule B as it appears in the records of National Integrity Life before application of any surrender charges, on any given day. D. The amount at risk each quarter will be calculated as the reinsurance death benefit for each variable annuity contract covered under this agreement. For determining the amount at risk, the minimum guaranteed death benefit and the contract value are calculated as the average of the values at the end of the current quarter and the end of the prior quarter. The amount at risk cannot fall below zero. 2. The following Section A will be substituted for the corresponding Section A of ARTICLE III entitled

AMOUNTS AT RISK. A. The reinsurance death benefit is the excess of the guaranteed minimum death benefit over the contract value. At issue, the guaranteed minimum death benefit is equal to the initial contract value. If the annuitant or the non-annuitant owner dies before the date annuity payments commence, the death benefit is the greater of the annuity account value plus the market value adjustment, if applicable, as of the later of the date of death and the date a request for payment is received, less premium tax, if any; or the sum of contributions paid, less partial surrenders and periodic withdrawals, less premium tax, if any. Refer to Schedule C for a detailed description of the guaranteed minimum death benefit. B. The contract value represents the owner’s invested assets in the funds in Schedule B as it appears in the records of First Great-West Life & Annuity before application of any surrender charges, on any given date. First Great-West Life & Annuity Insurance Company Flexible Premium Fixed and Variable Deferred Group Annuity Effective May 1, 1997 - 3 -