Common use of Fixed Income Payments Clause in Contracts

Fixed Income Payments. Income Payments that are supported by the General Account and which do not vary in amount based on the investment experience of the Separate Account. Fund - Any open-end management investment company or unit investment trust in which the Separate Account invests. General Account - Assets of the Company other than those allocated to the Separate Account or any other separate account of the Company. Home Office - Our offices at [▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇]. Income Payment - One of a series of payments made under either the monthly income benefit or one of the Optional Payment Plans.

Appears in 2 contracts

Sources: Flexible Purchase Payment Variable Deferred Annuity Contract (Genworth Life & Annuity VA Separate Account 2), Flexible Purchase Payment Variable Deferred Annuity Contract (Genworth Life & Annuity VA Separate Account 2)