Fixed-Rate Account definition
Fixed-Rate Account. Means a deposit account to which a fixed rate determined at the opening date of the account applies throughout the term, and interest payments are made at such rate during the term,
Fixed-Rate Account. A portion of the General Account into which you may allocate Invested Purchase Payments or transfer Contract Value. It does not share in the investment experience of any Subaccount of the Variable Separate Account. The Fixed Rate Account is only available during the Accumulation Period. GENERAL ACCOUNT: Our general investment account which contains all of our assets with the exception of the Variable Separate Account and other segregated asset accounts.