Guaranteed Term. The period of time specified by GALIC for which a specific Guaranteed Rate(s) is offered on amounts invested during a specific Deposit Period. Guaranteed Terms are made available subject to GALIC's terms and conditions, including, but not limited to, GALIC's right to restrict allocations to new Purchase Payments (such as by prohibiting Transfers into a particular Guaranteed Term from any other Guaranteed Term or from any of the Subaccounts, or by prohibiting Reinvestment of a Matured Term Value to a particular Guaranteed Term). More than one Guaranteed Term of the same duration may be offered within the Contract.
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Sources: Flexible Premium Deferred Combination Variable and Fixed Annuity Contract (VOYA INSURANCE & ANNUITY Co), Variable Annuity Group Master Contract (Golden American Life Insurance Co /Ny/), Variable Annuity Contract (Separate Account B of Golden American Life Insurance Co)
Guaranteed Term. The period of time specified by GALIC for which a specific Guaranteed Rate(s) is offered on amounts invested during a specific Deposit Period. Guaranteed Terms are made available subject to GALIC's terms and conditions, including, but not limited to, GALIC's ▇▇▇▇▇'▇ right to restrict allocations to new Purchase Payments (such as by prohibiting Transfers into a particular Guaranteed Term from any other Guaranteed Term or from any of the Subaccounts, or by prohibiting Reinvestment of a Matured Term Value to a particular Guaranteed Term). More than one Guaranteed Term of the same duration may be offered within the Contract.
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