Unit Value. The Unit Value in a Sub-Account on any Valuation Date is equal to that Unit Value on the immediately preceding Valuation Date multiplied by the Net Investment Factor for that Sub-Account on that Valuation Date.
Appears in 2 contracts
Sources: Life Insurance Policy (National Variable Life Insurance Account), Life Insurance Policy (National Variable Life Insurance Account)
Unit Value. The Unit Value in a Sub-Account on any Valuation Date is equal to that Unit Value on the immediately preceding Valuation Date multiplied by the Net Investment Factor in effect for that Sub-Account on that Valuation DateAccount.
Appears in 2 contracts
Sources: Annuity Contract (National Variable Annuity Account Ii), Annuity Contract (National Variable Annuity Account Ii)