UNDERLYING FUND. The variable investment options in which the corresponding Variable Portfolio(s) invest. VARIABLE ANNUITIZATION
UNDERLYING FUND. The variable investment options in which the corresponding Variable Portfolio(s) invest. VARIABLE ANNUITIZATION A series of periodic income payments which vary in amount according to the investment experience of one or more Variable Portfolio, as selected by You. This Contract provides several variable annuity payment options. VARIABLE PORTFOLIO One or more divisions of the Separate Account, which provides for the variable investment options available under this Contract. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s) of the trusts. A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio. The available Variable Portfolios are shown on the Application. Additional Variable Portfolios may become available in the future. WE, OUR, US, THE COMPANY AIG SunAmerica Life Assurance Company. WITHDRAWAL(S) Amount(s) withdrawn from the Contract Value including any charges and fees applicable to each such Withdrawal. YOU, YOUR The Owner. PURCHASE PAYMENT PROVISIONS PURCHASE PAYMENTS Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments will be allocated in accordance with instructions from You to the Variable Portfolio(s) and/or Fixed Account Option(s), if available. We reserve the right to specify the minimum or maximum Purchase Payment that may be allocated to a Variable Portfolio or available Fixed Account Option under the Contract. SUBSTITUTION OF VARIABLE PORTFOLIO If the shares of an Underlying Fund should no longer be available for investment by the Separate Account, then We may substitute shares of another Underlying Fund, for shares already purchased, or to be purchased in the future. Substitutions of securities will be carried out in accordance with any applicable state and/or federal laws or regulations. ACCUMULATION PROVISIONS Prior to the Annuity Date, the Contract Value is the sum of the Separate Account Accumulation Value and the Fixed Account Accumulation Value. SEPARATE ACCOUNT ACCUMULATION VALUE The Separate Account Accumulation Value under the Contract shall be the sum of the values of the Accumulation Units held in the Variable Portfolios for the Owner. NUMBER OF ACCUMULATION UNITS Your Contract is credited with Accumulation Units of the Separate Account when amounts are allocated to the Variable Portfolio(s). For that portion of...
UNDERLYING FUND. An open-ended diversified investment management company indicated on the Contract Specifications page which is an underlying investment for the Separate Account.
UNDERLYING FUND. The variable investment options that make up the trusts in which the corresponding Subaccount(s) invest.
UNDERLYING FUND. Costs Age-Based Portfolios Target Portfolios Individual Fund Portfolios Individual Fund ETF Portfolios Sales Charges Account Sales Charge Annual Account Servicing Fee Range Average 0.11% - 0.40% 0.30% 0.11% - 0.40% 0.27% 0.00% - 0.89% 0.47% 0.035% - 0.12% 0.07% A C E F G H 3.50%* none none none none none 0.25% 0.50% 0.25% none 0.25% none Other Costs Program Management Fee State Administrative Fee Account Fee 0.14% 0.03% * Please see Program Fees and Expenses on page 31 for additional information none on breakpoints, rights of accumulation, and letters of intent. Risk Factors Except as described herein for investments in the Bank Savings Underlying Investment, investments in the Program are not insured by the FDIC. Investments in the Bright Directions Advisor-Guided 529 College Savings Program are not guaranteed or insured by the State of Illinois, the Illinois State Treasurer, Union Bank & Trust Company, Northern Trust Securities, Inc., the Federal Deposit Insurance Corporation, or any other entity. • Opening an Account involves certain risks, including: o the value of your Account may decrease, you could lose money, including the principal you invest; o state or federal tax law changes; o Program changes, including changes in fees; o the Program may add, terminate or merge investment Portfolios; o the Program may change underlying investment vehicles or change allocations; o an investment in the Program may adversely affect the Account Owner’s or Beneficiary’s eligibility for financial aid or other benefits. (See “Certain Risks to Consider”,
UNDERLYING FUND. The variable investment options in which the corresponding Subaccount(s) invest. VARIABLE ANNUITY A series of periodic annuity payments, which vary in amount according to the investment experience of one or more Subaccounts, as selected by You. WE, OUR, US, THE COMPANY Anchor National Life Insurance Company. YOU, YOUR The Owner. PURCHASE PAYMENT PROVISIONS PURCHASE PAYMENTS Purchase Payments are flexible. This means that, subject to Company declared minimums and maximums, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments will be allocated to the Fixed Account Option(s) and/or one or more Subaccounts in accordance with instructions from You. We reserve the right to specify the minimum Purchase Payment that may be allocated to a Subaccount or a Fixed Account Option under the Contract.
UNDERLYING FUND. The variable investment options in which the corresponding Variable Portfolio(s) invest. A series of periodic income payments which vary in amount according to the investment experience of one or more Variable Portfolios, as selected by You. This Contract provides several variable annuity payment options. One or more divisions of the Separate Account which provides for the variable investment options available under this Contract. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s) of the trusts. A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio. The available Variable Portfolios are shown on the Application or confirmation thereof. Additional Variable Portfolios may become available in the future. WE, OUR, US, THE COMPANY AIG SunAmerica Life Assurance Company. WITHDRAWAL(S) Amount(s) withdrawn from the Contract Value including any charges and fees applicable to each such withdrawal. YOU, YOUR The Owner.
UNDERLYING FUND. The Underlying Fund is the underlying investment portfolios in which the Variable Portfolio(s) invest. US-803 (12/15) 7 Table of Contents VARIABLE PORTFOLIO A Variable Portfolio is one or more divisions of the Separate Account which provides for the variable investment options available under this Contract. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s). A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio. WE, OUR, US, THE COMPANY We, Our, Us, The Company refers to The United States Life Insurance Company in the City of New York. WITHDRAWAL(S) Withdrawals are any amount(s) withdrawn by the Owner from the Contract Value, including any charges that include but are not limited to Withdrawal Charges, applicable to each such Withdrawal. WRITTEN, IN WRITING Written or In Writing refers to a written request or notice in acceptable form and content to Us, which is signed and dated and is received at Our Annuity Service Center. YOU, YOUR You, Your refers to the Owner. PURCHASE PAYMENT PROVISIONS PURCHASE PAYMENTS Purchase Payments are flexible. This means that, subject to Company disclosed restrictions, You may change the amounts, frequency and/or timing of Purchase Payments. Purchase Payments can be made at any time after the Contract Date, but must be received at Our Annuity Service Center before the Purchase Payment Age Limit, as shown on the Contract Data Page. With instructions from You, Purchase Payments will be allocated to the Variable Portfolio(s) and/or Fixed Account Option(s), if available. We reserve the right, upon advance notice to You, to: 1) limit the maximum amount of Purchase Payments; and 2) discontinue acceptance of any subsequent Purchase Payment(s) received on or after the first Contract Anniversary, if an optional guaranteed living benefit is elected. We will apply these limitations in a uniform and non-discriminatory manner. DOLLAR COST AVERAGING (DCA) FIXED ACCOUNT OPTION(S) Any portion of a Purchase Payment allocated to the DCA Fixed Account Option(s), if available, must be transferred to the Variable Portfolio(s) within the specified DCA Fixed Account Option period. Upon termination of the DCA program, any amounts remaining in the DCA Fixed Account Option(s) will be transferred to the DCA target allocation(s) for the program being terminated. We reserve the right to impose a maximum contribution level on Purchase Payments allocated to a DCA...
UNDERLYING FUND. The variable investment options in which the corresponding Variable Portfolio(s) invest. VARIABLE ANNUITIZATION A series of periodic income payments which vary in amount according to the investment experience of one or more Variable Portfolio, as selected by You. This Certificate provides several variable annuity payment options. VARIABLE PORTFOLIO One or more divisions of the Separate Account, which provides for the variable investment options available under this Certificate. Each Variable Portfolio has its own investment objective and is invested in the Underlying Fund(s) of the trusts. A Variable Portfolio is not chargeable with liabilities arising out of any other Variable Portfolio. The available Variable Portfolios are shown on the Enrollment Form. Additional Variable Portfolios may become available in the future. WE, OUR, US, THE COMPANY AIG SunAmerica Life Assurance Company. WITHDRAWAL(S) Amount(s) withdrawn from the Certificate Value including any charges and fees applicable to each such Withdrawal. YOU, YOUR The Participant.
UNDERLYING FUND. The variable investment options in which the corresponding Variable Portfolio(s) invest. VARIABLE ANNUITY A series of periodic annuity payments which vary in amount according to the investment experience of one or more Variable Portfolios, as selected by You. One or more divisions of the Separate Account which invests in shares of the corresponding Underlying Fund of the [Anchor Series Trust or the SunAmerica Series Trust]. Each Variable Portfolio has its own investment objective and is not chargeable with liabilities arising out of any other Variable Portfolio. The available Variable Portfolios are shown on page 4. Additional Variable Portfolios may become available in the future. WE, OUR, US, THE COMPANY First SunAmerica Life Insurance Company. YOU, YOUR The Owner.
