Common use of FIXED ACCOUNT CONTRACT VALUE Clause in Contracts

FIXED ACCOUNT CONTRACT VALUE. The Fixed Account Contract Value on any Valuation Date is: 1. The sum of your Purchase Payment(s) allocated to Fixed Accounts A, B and C; 2. Plus any reallocations from the Variable Account to Fixed Accounts A and B; 3. Plus interest credited to Fixed Accounts A, B and C; 4. Less any previous partial withdrawals, amounts applied to purchase partial annuity payouts, and the Annual Contract Charge(s) applied to the Fixed Account;

Appears in 1 contract

Sources: Flexible Premium Individual Deferred Annuity Contract (Separate Account N of Reliastar Life)

FIXED ACCOUNT CONTRACT VALUE. The Fixed Account Contract Value on any Valuation Date is: 1. The sum of your Purchase Payment(s) allocated to Fixed Accounts A, B and C; 2. Plus any reallocations from the Variable Account to Fixed Accounts A and B; 3. Plus interest credited to Fixed Accounts A, B and C; 4. Less any previous partial withdrawals, amounts applied to purchase partial annuity payouts, and the Annual Contract Charge(s) applied to the Fixed Account;; 13076(LA)-15 7

Appears in 1 contract

Sources: Flexible Premium Individual Deferred Annuity Contract (Separate Account N of Reliastar Life)