Common use of Variable Investment Option Clause in Contracts

Variable Investment Option. “Variable Investment Option” means a Separate Account or a subdivision of a Separate Account. A Variable Investment Option may invest its assets in an Investment Fund. 2023EVBASE-A-Z

Appears in 1 contract

Sources: Flexible Premium Deferred Fixed and Variable Annuity Contract (Variable Account AA)

Variable Investment Option. “Variable Investment Option” means a Separate Account or a subdivision of a Separate Account. A Variable Investment Option may invest its assets in an Investment Fund. 2023EVBASE-A-Za separate class (or series) of shares of a specified trust or investment company where each class (or series) represents a separate portfolio in the specified trust or investment company.

Appears in 1 contract

Sources: Group Annuity Contract (Separate Account No. 206)