THE FIXED ACCOUNT. The Fixed Account holds the Fixed Sub-accounts for each Guaranteed Period. LNL reserves the right to discontinue accepting new allocations or transfers to any of the available Guaranteed Periods at any time. LNL may also add one or more new Guaranteed Periods at any time.
THE FIXED ACCOUNT. 1. The Fixed Account will be a liability against The Standard’s general account.
THE FIXED ACCOUNT. The Fixed Account The Fixed Account is a segmented fund within the general account of the Company. If you choose the Fixed Account, the first date on which money is applied to the Fixed Account for the Policy is the latest of: . 45 days after Part 1 of the Application is signed; . 10 days after the Company mails the separate Notice of Withdrawal Right; and . The effective date of the choice of the Fixed Account. Before this date, the value of the portion of the net premium and any net Unscheduled Payment allocated to the Fixed Account will depend on the net investment performance of the Money Market sub-account of the Variable Account. After this date: each net premium allocated to the Fixed Account will be applied as of its due date; and each net Unscheduled Payment allocated to the Fixed Account will be applied as of the date it is received by the Company at its Administrative Office. Each transfer to the Fixed Account will be applied as of the transfer date.
THE FIXED ACCOUNT. THE FIXED ACCOUNT The Fixed Account is a portion of the general account of the Company. The initial net premium is allocated to the Account and the Fixed Account based on allocation instructions in the Application for insurance. The portion of the initial net premium allocated to the Fixed Account is first invested in the Fixed Account as of the latest of: - The Policy Date; - The date of the last Part II of the Application, if any is required; - The effective date of the choice of the Fixed Account; and - The date the first premium is received by the Company. Thereafter, each net premium allocated to the Fixed Account and each net unscheduled payment allocated to the Fixed Account will be applied as of the date it is received by the Company at its Home Office. Each transfer to the Fixed Account will be applied as of the transfer date. FIXED ACCOUNT INTEREST The rate of interest for each amount applied to the Fixed Account: will be the rate set by the Company in advance for the date the amount is applied to the Fixed Account; and will not be less than a rate equivalent to an annual effective rate of 4%. The effective interest rate used on the Policy will be the weighted average of all such rates for the Policy. After the Policy has been in force for a total of 10 years, if the Company sets an interest rate for the Fixed Account which is greater than 4%, that rate will be increased for the Policy by at least .45%. The increase in interest rate will reflect a reduction in the Company's interest holdback margin for expenses. Each year, on the policy anniversary, the Company will determine a portion, if any, of the Policy's portion of the Fixed Account which will be reinvested at the rate effective on that date. Interest will be credited to the Fixed Account on a daily basis.
THE FIXED ACCOUNT. 19 TRANSFERS......................................................... 21
THE FIXED ACCOUNT. The Fixed Account consists of a One Year Fixed Interest Account. Amounts allocated or transferred to the Fixed Account under this contract become a part of the general account assets of the Company and do not fluctuate with regard to investment experience. Amounts held in the Fixed Account will be credited with interest at effective annual rates declared by the Company. The declared interest rate will apply from the date of the allocation or transfer through the end of the elected interest period. At the expiration of an interest period, the Company will renew the portion of the Fixed Account that has expired at the new rate declared for the interest period at that time. For the 25 days following the expiration of such period, the Contract Owner may transfer all or a portion of the amount held in such Fixed Account to subaccount(s) of the Separate Account. The Company will not declare rates of interest for the Fixed Account of less than 3%.
THE FIXED ACCOUNT. 10 6.1 The Fixed Account..............................................10 6.2 Transfers Among the Fixed Account and the Subaccounts............................................10 SECTION 7. VALUES ..........................................................11
THE FIXED ACCOUNT. Net premiums allocated to and transfers to the Fixed Account under the policy become part of the general account assets of Ameritas Variable Life Insurance Company which support annuity and insurance obligations. The Fixed Account includes all of Ameritas Variable Life Insurance Company's assets, except those assets segregated in separate accounts. Ameritas Variable Life Insurance Company maintains the sole discretion to invest the assets of the Fixed Account, subject to applicable law. You determine, using percentages, how the net premium will be allocated to the Fixed Account. You may choose to allocate nothing to the Fixed Account. You may not choose a fractional percent. The allocations to the Fixed Account along with allocations to the Subaccounts must total 100%.
THE FIXED ACCOUNT. Fixed Interest Options are not available with the presence of this Rider. Purchase Payments or transfers directed to the Fixed Interest Options will not be accepted.
THE FIXED ACCOUNT. The Fixed Account The Fixed Account is part of the general account of the Company. If you elect the Fixed Account, the first date on which money is applied to the Fixed Account for the Contract is the latest of: . The Contract Date; . The date the first purchase payment is received by the Company at its Administrative Office; and . The effective date of the election of the Fixed Account. Each future net purchase payment allocated to the Fixed Account will be applied as of the date it is received by the Company at its Administrative Office. Each transfer to the Fixed Account will be applied as of the date the transfer request is received by the Company at its Administrative Office. (See the Restriction of Payments and Transfers to the Fixed Account provision.) For each transfer from the Fixed Account, the Contract's share of the Fixed Account will be reduced by the amounts (plus the interest credited to the amounts) most recently applied to the Fixed Account. For each surrender from the Fixed Account, the Contract's share of the Fixed Account will be reduced by the amounts (plus the interest credited to the amounts) in the same order in which they were applied to the Fixed Account.
