Contract holder definition
Examples of Contract holder in a sentence
The Contract Holder or you, if allowed by the Contract Holder, directs us to allocate initial Purchase Payments among the investment options available under the plan.
Generally you will specify this information on your enrollment materials or it may be provided to us by the Contract Holder.
MAKING WITHDRAWALS: ACCESSING THE MONEY IN YOUR CONTRACT Withdrawals Subject to limitations on withdrawals from the Fixed Interest Options and other restrictions (see “Withdrawal Restrictions” in this section), the Contract Holder may withdraw all or a portion of the individual or plan Account Value at any time during the Accumulation Phase.
BUYING THE CONTRACT Purchasing the Contract To purchase the Contract: · The Contract Holder submits the required forms and application to the Company; and · We approve the forms and issue a Contract to the Contract Holder.
During the Accumulation Phase, the Contract Holder or you, if permitted by your plan, directs us to invest your Purchase Payments or Account Value among the follow investment options: · Variable Investment Options; and/or · Fixed Interest Options.