The Indiana Participation Agreement between Variable Insurance Products Fund, III, and Lincoln Life and Annuity Company of New York is a legal contract that outlines the terms and conditions for participating in the Variable Insurance Products Fund offered by Lincoln Life and Annuity Company of New York in the state of Indiana. This agreement is specifically designed for individuals residing in Indiana who wish to participate in the Variable Insurance Products Fund. It details the rights, responsibilities, and obligations of both parties involved in the agreement. Key terms and keywords relevant to the Indiana Participation Agreement between Variable Insurance Products Fund, III, and Lincoln Life and Annuity Company of New York include: 1. Indiana: This refers to the state where the agreement is applicable, emphasizing that it is specific to Indiana residents. 2. Participation Agreement: This is the formal agreement between the Variable Insurance Products Fund, III, and Lincoln Life and Annuity Company of New York, outlining the terms and conditions for participation. 3. Variable Insurance Products Fund: Refers to the investment fund offered by Lincoln Life and Annuity Company of New York, which allows participants to invest in a variety of securities, such as stocks, bonds, and mutual funds, through variable insurance contracts. 4. Lincoln Life and Annuity Company of New York: The entity offering the Variable Insurance Products Fund and acting as the counterparty in the Agreement. It is responsible for the administration, investment management, and distribution of the fund. It's important to note that while the Agreement itself may have different versions, the specific types of Indiana Participation Agreements between Variable Insurance Products Fund, III, and Lincoln Life and Annuity Company of New York might vary based on factors such as the particular product or investment options chosen by the participant. Common variations might include: 1. Indiana Participation Agreement for Variable Life Insurance: This is an agreement for individuals who wish to participate in the Variable Insurance Products Fund through a variable life insurance policy. 2. Indiana Participation Agreement for Variable Annuities: This agreement is tailored for individuals who choose to invest in the Variable Insurance Products Fund through a variable annuity contract. 3. Indiana Participation Agreement for Variable Universal Life Insurance: This agreement is specific to individuals who opt for a variable universal life insurance policy, allowing them to participate in the Variable Insurance Products Fund. In conclusion, the Indiana Participation Agreement between Variable Insurance Products Fund, III, and Lincoln Life and Annuity Company of New York is a comprehensive contractual document that establishes the terms and conditions for participating in the Variable Insurance Products Fund.