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Common use of ANNUITY UNIT Clause in Contracts

ANNUITY UNIT. A unit of measure used to determine the amount of variable payments under a variable income plan and the value of the interest of a variable income plan in the Separate Account.

Appears in 4 contracts

Sources: Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account B), Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Account A), Flexible Payment Deferred Variable Annuity Contract (NML Variable Annuity Acct C of Northwestern Mut Life Ins Co)

Related Clauses

  • Annuity
  • Death Benefit
  • Accrued Benefit
  • ANNUITY OPTIONS
  • Survivor Benefit

Parent Clauses

  • Definitions
  • Annuity Provisions
  • NON-SEGREGATION OF FUNDS
  • AG Account Market Value Adjustment
  • Death of the Annuitant

Sub-Clauses

  • -CONDITIONS
  • DISCONTINUANCE OF CONTRIBUTIONS
  • AVAILABILITY AND TYPES OF INVESTMENT OPTIONS
  • LOAN RESERVE ACCOUNT
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