An investment pool funded by contributions to variable contracts, including variable annuities and variable life insurance. These assets are kept separate from the insurance company's general account.
an investment option that is maintained separately from an insurer's general account
The account where the premiums (or cash value) of a variable life or variable universal life insurance policy, other than any amount allocated to the Guaranteed Interest Option, are invested by the insurance company.
Those assets which are segregated by the issuing insurance company from all other assets of the company. These assets are invested and managed by professional portfolio managers.
An asset account maintained independently from the insurer's general investment account and used primarily for retirement plans and variable life products. This arrangement permits wider latitude in the choice of investments, particularly in equities.
A Contributing employer's record of experience which contains all timely paid taxes and all benefit charges. Each employer's separate account is the basis for that employer's Tax Rate computation.
An account established by an insurance company solely for the investment of amounts deposited into owners of variable annuitiy contracts or variable life insurance policies. The account is maintained separately from the insurance company's general assets.
In the United States, an investment account that is subject to risk based on market performance placed in variable insurance products such as variable annuities. The contract owner assumes all risk for funds invested in the separate account.
Investments controlled by policyholders and associated with identical amounts reported as insurance liabilities.
A relationship where an investment manager or adviser is retained by a single pension plan sponsor to source real estate product under a stated investment policy exclusively for that sponsor
An asset account established by a life insurance company separate from other funds, used to match specific assets with corresponding liabilities such as pension plans and variable life products. This arrangement permits wider latitude in the choice of investments, particularly in equities.
One or more segregated accounts of a life insurance company. A separate account is not chargeable with or subject to the liabilities or claims of creditors of the company’s general account. A separate account may or may not be composed of Sub-Accounts. (See also: general account) Return to Previous
Insurance company's investment portfolio that supports a variable annuity. Kept separate from the insurance company's regular investment accounts.
Account completely separated from the General Account of the insurance company, since its assets are generally invested in common stocks.
In the United States, an investment account maintained separately from an insurer's general investment account to help manage the funds placed in variable life insurance policies and variable annuity policies.
Used with a variable annuity. Investors' payments to the insurance company are invested in securities which are kept separate from the insurer's general investments.
By law, insurers are required to hold the assets on all variable plans apart from the general assets of other plans. The Separate Account is not subject to the claims of creditors during regulatory proceedings, and is perceived by some as an enhancement to the security of variable plans.
The separate account of AUL identified on the policy data page. The separate account is segregated into several investment accounts each of which invests in a corresponding mutual fund portfolio.
The account established by the insurance company to hold the assets under your variable annuity. It is separate from the company's general account, where fixed annuity premiums are deposited. Money in the separate account is generally not available to the company's creditors.
In the United States, an investment account maintained separately from an insurer's general account to help manage the funds placed in variable insurance products such as variable annuities. Contrast with general account. See also segregated account.
In a variable annuity, the account maintained separately from the insurerâ€(tm)s general (investment) account, which allows investment results to be reflected directly in variable annuity contracts.
An account maintained separately from a life insurance company's general accounts to help manage the funds used for nonguaranteed insurance products. By maintaining separate accounts, insurance companies are able to modify some of their investment strategies without affecting the funds in the general accounts. Called a segregated account in Canada. See also general account and investment-sensitive life insurance.
The account established by an insurance company to hold the money contributed to the investment choices in a variable annuity. It is separate from the company's general account.
A separate account is an account held by an insurance company not in its general account. A separate account allows an investor to choose an investment category according to his individual risk tolerance, and desire for performance. An account may be a generic conservative or aggressive investment allocation, or a specific mutual fund-type account.