Coverage Percentage. (a) The Coverage Percentage is determined by the Annuitant’s attained age (age at last birthday) (or for a joint life Certificate, the age of the younger Spouse) at the Lock-In Date and the current 10-year United States Treasury Bond Yield. The Coverage Percentages are shown on the Contract Data Pages and the Certificate Data Pages. (b) Until the Lock-In Date, the Coverage Percentage will be zero.
Appears in 2 contracts
Sources: Group Fixed Contingent Annuity Contract (TRANSAMERICA ADVISORS LIFE INSURANCE Co), Group Fixed Contingent Annuity Contract (TRANSAMERICA ADVISORS LIFE INSURANCE Co)