ANNUITY CONVERSION FACTOR. The factor applied to the Annuity Conversion Amount in determining the dollar amount of an annuitant's annuity payments for Guaranteed Annuities or the initial payment for Variable Annuities.
Appears in 9 contracts
Sources: Group Variable Annuity Contract (Va I Separate Account of Unum Life Ins Co of America), Group Variable Annuity Contract (Lincoln National Variable Annuity Acct L GRP Var Annuity Ii), Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Ii)
ANNUITY CONVERSION FACTOR. The factor applied to the Annuity Conversion Amount in determining the dollar amount of an annuitant's annuity payments for Guaranteed Guarantee d Annuities or the initial payment for Variable Annuities.
Appears in 1 contract
Sources: Group Variable Annuity Contract (Lincoln Life & Annuity Var Ann Sep Acct L Group Var Ann Iii)