Common use of BAL Clause in Contracts

BAL. is the Participant's Account balance at the later of: the beginning of the contract year and the most recent date on which the credited interest rate changed.

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)