Common use of Subaccount Clause in Contracts

Subaccount. That portion of the Separate Account which invests in shares of the Fund(s) portfolios. Each Subaccount will invest only in a single portfolio. The investment performance of each Subaccount is linked directly to the investment performance of the underlying portfolio of the Fund(s).

Appears in 7 contracts

Sources: Variable Annuity Contract (Separate Account Va Cc), Variable Annuity Contract (Separate Account Va Cc), Variable Annuity Contract (Separate Account Va Cc)

Subaccount. That portion of the Separate Variable Account which invests in shares of the Fund(s) portfolios. Each Subaccount will invest only in a single particular mutual fund portfolio. The investment performance of There is a separate Subaccount that corresponds to each Subaccount is linked directly to the investment performance of the underlying portfolio of the Fund(s)portfolio.

Appears in 4 contracts

Sources: Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co)