Fixed Allocations definition
Examples of Fixed Allocations in a sentence
FIXED ACCOUNT - This is the Separate Account established to support Fixed Allocations.
The maximum number of Divisions and Fixed Allocations to which the Accumulation Value may be allocated at any one time is shown in the Schedule.
You may change the allocation of the Accumulation Value among the Divisions and Fixed Allocations after the end of the Right to Examine period.
Systematic Partial Withdrawals from Fixed Allocations are not subject to a Market Value Adjustment.
Fixed Allocations and Guaranteed Interest Divisions: Interest earned on a Fixed Allocation or Guaranteed Interest Division for the prior month, quarter or year (depending on the frequency selected).
We reset the interest rates for new Fixed Allocations periodically based on our sole discretion.
FUNDS ------------- Where used in this Endorsement, Special Funds are [the Liquid Asset Division, the Limited Maturity Bond Division, the Fixed Allocations and the Guaranteed Interest Division].
Where used in this Contract, Special Funds are [the Liquid Asset Division, the Limited Maturity Bond Division, the Fixed Allocations and the Guaranteed Interest Division].
The Accumulation Value may be reallocated among the Divisions and the Fixed Allocations prior to the Annuity Commencement Date.
We will allow interest of at least 3.00% a year on any Cash Surrender Value payment derived from the Fixed Allocations or the Guaranteed Interest Divisions that we defer 30 days or more.