A subaccount is a smaller part or division of a larger account. It is created to keep track of specific details or transactions within the main account. Full definition
Visit our variable annuity performance center to review the performance of subaccounts offered by Annuity Investors Life Insurance Company's variable annuity products. (greatamericaninsurancegroup.com)
Deferred variable annuities * invest in subaccounts (similar to mutual funds), which fluctuate with the market. (fidelity.com)
It's important to be able to make a significant investment over the first several years as this initial investment of premium «primes the pump,» meaning that, assuming the underlying investment subaccounts perform adequately, the insured's policy can become self - funding. (valuepenguin.com)