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Variable Annuities - Free Look Period

Oct. 13, 2004

Variable annuity contracts typically have a "free look" period of ten or more days during which you may terminate your contract without paying any surrender charges and receive a refund for the contract. The amount of the refund may equal either the account value when the contract is terminated or the amount of purchase payments, depending on the terms of the contract and applicable state law requirements.

Throughout the "free look" period, you may continue to ask questions to ensure that you understand the variable annuity and to ensure that the investment is right for you.

We have an online brochure on variable annuities that provides a general description of these investment products.


We have provided this information as a service to investors.  It is neither a legal interpretation nor a statement of SEC policy.  If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law.

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