Annuity Account Value definition

Annuity Account Value means the sum of the amounts held for you in the Investment Options.

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Annuity Account Value means the sum of the amounts held with respect to a Certificate in the Investment Options.

Annuity Account Value means the sum of the amounts that you have in the Guaranteed Interest Division and the Investment Divisions of the Separate Account, pursuant to Sections 2.02 and 2.03.

Examples of Annuity Account Value in a sentence

• We will withdraw any redemption fee or other charge that an Investment Fund requires us to deduct from your Annuity Account Value, which applies only to the Variable Investment Options.

• If you elect pursuant to Section 8.01 to have an Annuity Benefit paid in lieu of the Cash Value, then the amount applied to provide the Annuity Benefit will, unless otherwise stated in the Data Pages or required by applicable laws or regulations, be (i) the Annuity Account Value if the annuity form elected provides payments for a person’s remaining lifetime or (ii) the Cash Value if the annuity form elected does not provide such lifetime payments.

• If the Covered Person would not have been eligible for an optional benefit Rider at the correct age, (i) the Rider will be rescinded; (ii) any charges that were deducted for the benefit will be refunded and applied to the Annuity Account Value of the Contract, and (iii) only the Death Benefit provided under Section 8.02 will apply.

• Unless otherwise described in an optional Rider, any Endorsement or the Data Pages attached hereto, the Death Benefit is equal to the Annuity Account Value on the Benefit Transaction Date.

• As of the Contract Maturity Date, the Annuity Account Value will be applied to provide for the Normal Form of Annuity Benefit (described below).

More Definitions of Annuity Account Value

Annuity Account Value means the sum of the amounts held for you in the Variable Investment Option and the Structured Investment Option.

Annuity Account Value means with respect to each Participant the sum of the amounts held for the benefit of the Participant in the Investment Options, including any amount in the Loan Reserve Account. The Annuity Account Value at any time may be reduced by the amount of any forfeiture, if applicable, as described in the section "Forfeitures/Forfeiture Account".

Annuity Account Value means the sum of the amounts held for you in the Investment Options. The Annuity Account Value at any time may be reduced by the amount of any forfeiture, if applicable, as described in the section “Forfeitures/Forfeiture Account.

Annuity Account Value means the sum of the amounts held for you in the Guaranteed Interest Division and the Investment Divisions of the Separate Account.

Annuity Account Value means the sum of the amounts held with respect to an Owner or Annuitant, as set forth in the applicable certificate, in the Guaranteed Interest Division and the Investment Divisions of the Separate Account.

Annuity Account Value means the sum of the amounts held for your benefit in the Investment Options, including any amount in the Loan Reserve Account. .

Annuity Account Value means the sum of the amounts held for the benefit of a Participant in the Investment Options under this Contract.