Purchase Payment Account Value. The Purchase Payment Account holds each Purchase Payment until it is applied to a Crediting Strategy on a Strategy Application Date. The Strategy Application Dates are set out on the Contract Specifications page. Until it is applied to a Crediting Strategy, the value of the Purchase Payment Account is equal to:
Appears in 11 contracts
Sources: Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Variable Annuity Contract (Massmutual Ascend Life Insurance Co), Individual Deferred Annuity Contract (Massmutual Ascend Life Insurance Co)
Purchase Payment Account Value. The Purchase Payment Account holds each Purchase Payment until it is applied to a Crediting Strategy on a Strategy Application Date. The Strategy Application Dates are set out on in the Contract Specifications pageSpecifications. Until it is applied to a Crediting Strategy, the value of the Purchase Payment Account is equal to:
Appears in 1 contract
Sources: Individual Deferred Index Linked Variable Annuity Contract (Massmutual Ascend Life Insurance Co)