ACCUMULATED VALUE. The Accumulated Value is defined on each Valuation Day and equals the sum of: • The Fixed Accumulated Value; • The Variable Accumulated Value; • The Indexed Accumulated Value; and • The Loan Account Value (see the Accumulated Value section).
ACCUMULATED VALUE. Accumulated Value - is defined on each Valuation Date and is the sum of the Fixed Accumulated Value plus the Variable Accumulated Value plus the Loan Account.
ACCUMULATED VALUE. 9 TRANSFERS................................................................ 12
ACCUMULATED VALUE. On the Contract Date, the Accumulated Value is equal to your initial Net Purchase Payment. On any Business Day after the Contract Date, the Accumulated Value is equal to the Accumulated Value from the previous Business Day PLUS:
ACCUMULATED VALUE. On the Contract Date, the Accumulated Value is equal to the Net Premium(s) received less the Monthly Deduction(s) made on that date. On any later date, the Accumulated Value of this contract is the sum of the accumulated values for this contract in the subaccounts of the Variable Account, in the Fixed Account and in the Loan Account. The accumulated value in any subaccount on a Valuation Day is equal to:
ACCUMULATED VALUE. The Accumulated Value equals the sum of: · The Fixed Account Value; plus · The Variable Account Value; plus · The Indexed Account Value; plus · The Loan Account Value.
ACCUMULATED VALUE. Accumulated Value — The Accumulated Value is defined on each Valuation Day and is the sum of: • The Fixed Accumulated Value; plus • The Variable Accumulated Value; plus • The Loan Account Value, as described in the Policy Loan section.
ACCUMULATED VALUE. Accumulated Value - The Accumulated Value on any date is the sum of your policy's Accumulated Value in the Investment Options, plus the amount set aside in the Loan Account to secure any policy debt and any interest credited thereon. The amount set aside to secure debt in the Loan Account on each policy anniversary is equal to the amount of debt. During each policy year, the amount in the Loan Account on any date is: - the amount in the Loan Account on the prior anniversary increased by interest; - plus any loan taken since the prior anniversary increased by interest; and - minus any loan amount repaid since the prior anniversary increased by interest.
ACCUMULATED VALUE. Accumulated Value (AV) -- is the sum of the Fixed Accumulated Value plus the Variable Accumulated Value plus the Loan Account and any interest credited to it.
ACCUMULATED VALUE. On or before the Annuity Date, the Accumulated Value of this contract is equal to the sum of the accumulated values for this contract in subaccounts of the Variable Account, in Fixed Period Allocations and in the Fixed Account. The accumulated value in any subaccount on a Valuation Day is equal to: The number of accumulation units for this contract in that subaccount (see Section 5.5); multiplied by The accumulation unit value for that subaccount (see Section 9.2). The accumulated value for any day that is not a Valuation Day will be determined on the next Valuation Day. The accumulated value in any Fixed Period Allocation (see Section 10.2) on any day is the sum of: The amount allocated or transferred to that Fixed Period Allocation; and Interest credited on that allocation; Less The amount of any Partial Surrenders made from that allocation; and Accumulated value transferred from that allocation to a subaccount or to the Fixed Account. The accumulated value in the Fixed Account (see Section 10.1) on any day is the sum of: Amounts allocated or transferred to the Fixed Account; and Interest credited to the Fixed Account. Less The amount of any Partial Surrenders made from the Fixed Account; and Accumulated value transferred from the Fixed Account to a subaccount or a Fixed Period Allocation.
