31 Pa. Code § 85.1
The following words and terms, when used in this chapter, have the following meanings, unless the context clearly indicates otherwise:
Act-The Insurance Company Law of 1921 (40 P. S. §§ 341-991).
Agent-A person, copartnership or corporation licensed under the laws of the Commonwealth as a life insurance agent.
Department-The Insurance Department of the Commonwealth.
Separate account-An account established under section 406.2(a) of the act (40 P. S. § 506.2(a)).
Variable accumulation annuity contract-An annuity policy or contract, other than a variable annuity, under which amounts accumulated for the purchase of a fixed annuity or a fixed annuity and a variable annuity, where the accumulation values vary according to the investment experience of a separate account. The fixed annuity shall be purchased at rates at least as favorable to the policyholder as those stated in the variable accumulation annuity contract.
Variable annuity contract-Any policy or contract which provides for deferred or immediate annuity payments, the amount of which, after such payments have commenced, varies according to the investment experience of a separate account maintained by the insurer for the purpose of funding this contract.
31 Pa. Code § 85.1