Annuity Unit Values definition

Annuity Unit Values. The Annuity Unit value of each Sub-Account for any Valuation Period is equal to 1) multiplied by 2) divided by 3) where:
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Annuity Unit Values. A Sub-Account Annuity Unit Value on any Valuation Date is equal to its value on the preceding Valuation Date multiplied by the product of:
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Examples of Annuity Unit Values in a sentence

  • Changes in Subaccount Annuity Unit Values also reflect an additional adjustment factor that corrects for an assumed investment return.

  • This charge is factored into the Accumulation Unit and Annuity Unit Values on each Valuation Date.

  • To calculate the Commuted Value for variable annuity payments, We will use the AIR elected by You and the Annuity Unit Value(s) on the date We receive a fully completed request for surrender.

  • This charge is factored into the Annuity Unit Values on each Valuation Date.

  • Such a provision will be reflected in the Accumulation and Annuity Unit Values.

  • The dollar value of a Fund(s) Annuity Unit Values and payments may go up or down due to investment gain or loss.

  • Subsequent income payments will vary depending upon the changes in the Annuity Unit Values for the Sub-accounts upon which the income payments are based.

  • Variable annuity income payments are determined by the Annuity Unit Value(s) of the Sub-Account(s) you select and will increase or decrease as a result of fluctuations in the net investment factor above or below the yearly Assumed Investment Return of 5%, as described on page 10 of the Contract.

  • Changes in Subaccount Annuity Unit Values also reflect an additional adjustment factor that corrects for an assumed investment return of 5%.

  • The Average Annuity Unit Value for a calendar month is equal to the average of the Annuity Unit Values for such month.