Common use of Net Investment Clause in Contracts

Net Investment. Factor The ratio of the sub-account performance of the current valuation day to the immediately prior valuation day. The sub-account performance includes gains or losses in the sub-accounts, dividends paid, any capital gains or losses, any taxes, mortality and expense risk charges, and asset-based administration charges.

Appears in 1 contract

Sources: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

Net Investment. Factor The ratio of the sub-account subaccount performance of the current valuation day to the immediately prior valuation day. The sub-account subaccount performance includes gains or losses in the sub-accountssubaccounts, dividends paid, any capital gains or losses, any taxestaxes attributable to gains or losses in funds underlying the subaccount, mortality and expense risk charges, and asset-based administration charges.

Appears in 1 contract

Sources: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

Net Investment. Factor The ratio of the sub-account performance of the current valuation day to the immediately prior valuation day. The sub-account performance includes gains or losses in the sub-accountssubaccounts, dividends paid, any capital gains or losses, any taxes, and mortality and expense risk charges, and asset-based administration charges.

Appears in 1 contract

Sources: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)