Policy Account. For each policy which is a variable annuity contract, an amount equal to the ▇▇▇▇▇▇▇ ▇▇▇▇▇ Variable Annuity Account account value or for variable annuity contracts annuitized on a variable basis, the annuitized contract reserves, shall be held by FLIC in the Separate Account.
Appears in 1 contract
Sources: Assumption Reinsurance Agreement (Ml of New York Variable Annuity Separate Account)
Policy Account. For each policy Policy which is a variable annuity contract, an amount equal to the ▇▇▇▇Merr▇▇▇ ▇▇▇c▇ ▇▇ Variable ▇▇iable Annuity Account account value or for variable annuity contracts annuitized on a variable basis, the annuitized contract reserves, shall be held by FLIC in the Separate Account.
Appears in 1 contract
Sources: Assumption Reinsurance Agreement (Merrill Lynch Life Variable Annunity Separate Account)