Sentences with phrase «subaccounts determines»

The premiums you pay are fixed throughout the life of the contract, while the performance of your chosen subaccounts determines the growth of your account value, and can also determine the value of your death benefit.
The premiums you pay are fixed throughout the life of the contract, while the performance of your chosen subaccounts determines the growth of your account value, and can also determine the value of your death benefit.

Not exact matches

You (the annuity owner) make a lump - sum payment or a series of premium payments to an annuity issuer (the insurance company), which will accumulate earnings at a fixed interest rate (a fixed annuity) or a variable rate determined by the growth (or losses) in investment options known as subaccounts (a variable annuity).
However, in addition to these features, MAM accounts provide increased flexibility to allocate higher leverage to determined subaccounts.
Your cash value, and perhaps the death benefit, will be determined by the performance of the chosen subaccounts.
The participation rate determines what percentage of the growth realized by the index the subaccount tracks will be credited to your account, subject to the cap rate.
Allocation to these subaccounts are generally credited with an amount of interest based on the growth of the relevant index over a certain period of time, often called the index period, using two methods used to determine the crediting rate:
How do we determine whether money is coming from this separate subaccount?
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