Fixed Annuities definition

Fixed Annuities means annuity Contracts which are backed by the general account of the issuing life insurance company, but shall not include the annuities listed on Exhibit B hereto.
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Examples of Fixed Annuities in a sentence

  • Fixed Annuities credit the contract with a set interest rate for a specified period of time.

  • Reserves for amounts allocated to the Fixed Account and for Fixed Annuities are maintained in the General Account.

  • No election of any option may be made unless an Annuity Payment of at least $25 would be provided whether a Fixed or Variable Annuity is elected, and $25 on each basis when a combination of Variable and Fixed Annuities is elected.

  • REGISTERED PRODUCTS (Traditional Fixed Annuities, Equity-Indexed Annuities, and Life Insurance) The Commission Option Selection(s) and Default Commission Option Selection made on this page apply to ALL non-registered products business produced by Broker/Dealer pursuant to the J▇▇▇▇▇▇ National Life Insurance Company/J▇▇▇▇▇▇ National Life Distributors, Inc.

  • Such Contracts shall identify the Fixed Annuities being sold, the commission rates, and any other pertinent requirements, and those separate Contracts and each of them are incorporated by reference into this Agreement.

  • NON-REGISTERED PRODUCT COMMISSION SCHEDULES (Traditional Fixed Annuities, Equity-Indexed Annuities, and Life Insurance) The Non-Registered Product Commission Schedules on the following pages shall be subject to all the provisions and restrictions contained in the J▇▇▇▇▇▇ National Life Insurance Company/J▇▇▇▇▇▇ National Life Distributors, Inc.

  • The Bank agrees to prepare, monitor, and maintain sales and agent contracts ("Contracts") on behalf of WFIA with Employees which will permit certain Employees to sell Fixed Annuities and to receive commissions therefor.

  • If it would produce greater benefits for Fixed Annuities, the amount of the Annuitant's monthly payment will be the monthly payment produced by a then currently issued immediate annuity.

  • The Tax- Sheltered and Fixed Annuities segment sells 403(b) annuities and other retirement products, primarily to the K-12 schoolteacher market.

  • Tax-Sheltered and Fixed Annuities Operating income before special charges of the Tax-Sheltered and Fixed Annuities segment for 1997 increased $1.4 million, or 2%, compared with 1996.