Common use of Current Interest Clause in Contracts

Current Interest. The Company may in its discretion pay Current Interest on the General Account at a rate that exceeds the Minimum Guaranteed Rate shown on page 3. The Company will declare the rate of Current Interest, if any, from time to time.

Appears in 2 contracts

Sources: Flexible Premium Deferred Variable Annuity Contract (Variflex), Flexible Premium Deferred Variable Annuity Contract (Variflex)

Current Interest. The Company may in its discretion pay Current Interest on the General Account options at a rate that exceeds the Minimum Guaranteed Rate shown on page 3. The Company will declare the rate of Current Interest, if any, from time to time.

Appears in 1 contract

Sources: Group Flexible Premium Deferred Variable Annuity Contract (Variflex)