Common use of Current Value Clause in Contracts

Current Value. The Current Value of this Contract is equal to: (a) Any amounts in the Fixed Account, including Fixed Account interest added by us; plus (b) Any amounts in GAA, including GAA interest added by us; plus (c) The value of all Separate Account Record Units. Current Value does not include amounts used to purchase an Annuity Option.

Appears in 4 contracts

Sources: Individual Retirement Annuity (Ira) or Simplified Employee Pension (Sep) Plan (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Individual Retirement Annuity (Ira) or Simplified Employee Pension (Sep) Plan (Variable Annuity Acct C of Ing Life Insurance & Annuity Co), Variable Annuity Contract (Variable Annuity Acct C of Ing Life Insurance & Annuity Co)

Current Value. The Current Value of this Contract is equal to: (a) Any amounts in the Fixed Account, including Fixed Account interest added by usAetna; plus plus (b) Any amounts in GAA, including GAA interest added by usThe sum of any Separate Account Record Unit Value(s); plus less (c) The value of all Separate Account Record UnitsAny Maintenance Fee(s) due. Current Value does not include amounts used to purchase an Annuity OptionAnnuity.

Appears in 1 contract

Sources: Insurance Contract (Variable Annuity Acct C of Aetna Life Insurance & Annuity Co)