In the case of the distribution under a variable annuity on a variable basis,

		the number of annuity units distributed varies with the stock market.
		the number of accumulation units does not change over the lifetime of the annuitant
		the income to the annuitant does not vary over time
		the insured is guaranteed an income that will vary directly with inflation.

The principal difference among the various Homeowners forms is

		with respect to the liability coverage under Section II.
		the property covered and perils insured against in Section I
		the definition of the dwelling in each form
		the definition of personal property in each form

When a mortgagee is named in the Homeowners Policy:

		coverage applies to the mortgagee on the same basis as to the insured owner
		all losses must be paid directly to the mortgagee
		the mortgagee is granted certain rights distinct from those of the insured owner
		the mortgagee takes on a legal obligation to pay any premium on which the insured owner defaults