Common use of Annuity Unit Values Clause in Contracts

Annuity Unit Values. If a Variable Annuity Payout Option has been elected, the Accumulation Value of this contract will be applied to purchase Annuity Units. Annuity Units are used to determine the amount of each variable annuity payment after the first.

Appears in 2 contracts

Sources: Annuity Contract (Guardian Separate Acct F of the Guardian Ins & Annuity Co), Annuity Contract (Guardian Separate Account E)