Name  | LA Product Code | Department | Description | |
|
Annuities Other
|
L603I10.000
| Life |
Annuities not specifically described.
|
|
|
Deferred Annuity Non Variable & Variable-Fixed Premium
|
L607I2.001
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payment(s) are fixed.
|
|
|
Deferred Annuity Non Variable & Variable-Flexible Premium
|
L607I2.002
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payment(s) are flexible.
|
|
|
Deferred Annuity Non Variable & Variable-Limited Flexible Premium
|
L607I2.005
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payments are specified for a designated time frame, i.e. 5 years.
|
|
|
Deferred Annuity Non Variable & Variable-Modified Single Premium
|
L607I2.004
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. Purchased by payment of a lump sum and additional payments during the first 12 months.
|
|
|
Deferred Annuity Non Variable & Variable-Single Premium
|
L607I2.003
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium is a payment of one lump sum.
|
|
|
Deferred Annuity Non Variable-Fixed Premium
|
L603I2.001
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment(s) are fixed.
|
|
|
Deferred Annuity Non Variable-Flexible Premium
|
L603I2.002
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The interest payment is guaranteed. The premium payment(s) are flexible.
|
|
|
Deferred Annuity Non Variable-Limited Flexible Premium
|
L603I2.005
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment are specified for a designated time frame, i.e. 5 years.
|
|
|
Deferred Annuity Non Variable-Modified Single Premium
|
L603I2.004
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. Purchased by payment of a lump sum and additional payments during the first 12 months.
|
|
|
Deferred Annuity Non Variable-Single Premium
|
L603I2.003
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium is a payment of one lump sum.
|
|
|
Deferred Annuity Variable-Fixed Premium
|
L607I3.001
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium payment(s) are fixed.
|
|
|
Deferred Annuity Variable-Flexible Premium
|
L607I3.002
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium payment(s) are flexible.
|
|
|
Deferred Annuity Variable-Limited Flexible Premium
|
L607I3.005
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium payment are specified for a designated time frame, i.e. 5 years.
|
|
|
Deferred Annuity Variable-Modified Single Premium
|
L607I3.004
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. Purchased by payment of a lump sum and additional payments during the first 12 months.
|
|
|
Deferred Annuity Variable-Single Premium
|
L607I3.003
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium is a payment of one lump sum.
|
|
|
Equity Index
|
L612I7.001
| Life |
A fixed annuity that earns interest or provides benefits that are linked to an external reference or equity index, subject to a minimum guarantee.
|
|
|
Group Annuity Deferred Non-Variable & Variable-Fixed Premium
|
L6071G.001
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payment(s) are fixed.
|
|
|
Group Annuity Deferred Non-Variable & Variable-Flexible Premium
|
L6071G.002
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payments are flexible.
|
|
|
Group Annuity Deferred Non-Variable & Variable-Limited Flexible Premium
|
L6071G.005
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. The premium payments are specified for a designated time frame, i.e. 5 years.
|
|
|
Group Annuity Deferred Non-Variable & Variable-Modified Single Premium
|
L6071G.004
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. Purchased by payment of lump sum and additional payments during the first 12 months.
|
|
|
Group Annuity Deferred Non-Variable & Variable-Single Premium
|
L6071G.003
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some designated future date. Purchase by the payment of one lump sum.
|
|
|
Group Annuity Deferred Non-Variable-Fixed Premium
|
L603G2.001
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment(s) are fixed.
|
|
|
Group Annuity Deferred Non-Variable-Flexible Premium
|
L603G2.002
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment(s) are flexible.
|
|
|
Group Annuity Deferred Non-Variable-Limited Flexible Premium
|
L603G2.005
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment are specified for a desginated time frame, i.e. 5 years.
|
|
|
Group Annuity Deferred Non-Variable-Modified Single Premium
|
L603G2.004
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. Purchased by payment of a lump sum and additional payments during the first 12 months.
|
|
|
Group Annuity Deferred Non-Variable-Single Premium
|
L603G2.003
| Life |
An annuity contract that provides an accumulation based on funds that accumulate based on a guaranteed crediting interest rate or additional interest rate. This annuity contract provides for the initiation of payments at some designated future date. The premium payment is a payment of one lump sum.
|
|
|
Group Annuity Deferred Variable-Fixed Premium
|
L607G3.001
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium payments are fixed.
|
|
|
Group Annuity Deferred Variable-Flexible Premium
|
L607G3.002
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. Premium payments are flexible.
|
|
|
Group Annuity Deferred Variable-Limited Flexible Premium
|
L607G3.005
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. The premium payments are specified for a designated time frame, i.e. 5 years.
|
|
|
Group Annuity Deferred Variable-Modified Single Premium
|
L607G3.004
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. Purchased by payment of a lump sum and additional payments during the first 12 months.
|
|
|
Group Annuity Deferred Variable-Single Premium
|
L607G3.003
| Life |
An annuity contract that provides an accumulation based fund where the accumulation varies in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. Must include at least one option to have the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder and may include at least one option to have the series of payments vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. This annuity contract provides for the initiation of payments at some designated future date. Purchase by the payment of one lump sum.
|
|
|
Group Annuity Deposit Administration
|
L607G8.003
| Life |
Annuity contracts that typically provide for an unallocated fund accumulation for active lives out of which immediate annuities are purchased for individuals at retirement and deferred annuities are purchased for terminated employees with vested benefits.
|
|
|
Group Annuity Equity Indexed
|
L612G7.001
| Life |
A fixed annuity that earns interest or provides benefits that are linked to an external reference or equity index, subject to a minimum guarantee.
|
|
|
Group Annuity Funding Agreement
|
L607G8.001
| Life |
Contracts that guarantee principal and interest for a specified period of time and do not include the option to purchase immediate annuities that depend on the survival of the annuitant.
|
|
|
Group Annuity GIC
|
L607G8.002
| Life |
Contracts that guarantee principal and interest for a specified period of time and include the option to purchase immediate annuities that depend on the survival of the annuitant.
|
|
|
Group Annuity Immediate Non Variable & Variable
|
L607G61.000
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some interval that may vary, however the annuity payouts must begin within 13 months
|
|
|
Group Annuity Immediate Variable
|
L607G6.000
| Life |
An annuity contract that provides for the first payment of the annuity at the end of the fixed interval of payment after purchase. The interval may vary, however the annuity payouts must begin within 13 months. The amount varies with the value of equities (separate account) purchased as investments by the insurance companies.
|
|
|
Group Annuity Modified Guaranteed
|
L603G7.002
| Life |
An annuity that contains a provision that adjusts the value of withdrawn funds based on a formula in the contract. The formula reflects market value adjustments.
|
|
|
Group Immediate Annuity Non-Variable
|
L603G5.000
| Life |
An annuity contract that provides for the fixed payment of the annuity at the end of the first interval of payment after purchase. The interval may vary, however the annuity payouts must begin within 13 months.
|
|
|
Immediate Annuity Non Variable
|
L603I5.000
| Life |
An annuity contract that provides for the fixed payment of the annuity at the end of the first interval of payment after purchase. The interval may vary, however the annuity payouts must begin within 13 months.
|
|
|
IMMEDIATE ANNUITY NON VARIABLE & VARIABLE
|
L607.1I.000
| Life |
An annuity contract that provides an accumulation based on both (1) funds that accumulate based on a guaranteed crediting interest rates or additional interest rate applied to designated considerations, and (2) funds where the accumulation vary in accordance with the rate of return of the underlying investment portfolio selected by the policyholder. The contract provides for the initiation of payments at some interval that may vary, however the annuity payouts must begin within 13 months.
|
|
|
Immediate Annuity Variable
|
L607I6.000
| Life |
An annuity contract that provides for the first payment of the annuity at the end of the fixed interval of payment after purchase. The interval may vary, however the annuity payouts must begin within 13 months. The amount varies with the value of equities (separate account) purchased as investments by the insurance companies.
|
|
|
Modified Guaranteed
|
L603I7.002
| Life |
An annuity that contains a provision that adjusts the value of withdrawn funds based on a formula in the contract. The formula reflects market value adjustments since the start of the contract.
|
|