Common use of Earned Interest Clause in Contracts

Earned Interest. The Loan Account is credited with interest at a rate which is not less than the Loan Interest Rate, less 3%, on an annual basis.

Appears in 1 contract

Sources: Retirement Plan Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)

Earned Interest. The Loan Account is credited with interest at a rate which is not less than the Loan Interest Rate, less 3%, on an annual basis. Interest credited to the Loan Account will never be less than 3%.

Appears in 1 contract

Sources: Group Combination Annuity Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)