ACCUMULATION PHASE DEFINED. The "Accumulation Phase" is the first of two phases during your Contract. The Accumulation Phase begins on the issue date stated on the Annuity Data Page. This phase will continue until the Payout Start Date unless the Contract is terminated before that date. CONTRACT YEAR. The one year period beginning on the issue date and on each anniversary of the issue date.
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Samples: Allstate Life Insurance Co, Allstate Life Insurance Co, Glenbrook Life Multi-Manager Variable Account
ACCUMULATION PHASE DEFINED. The "Accumulation Phase" is the first of two phases during your ContractCertificate. The Accumulation Phase begins on the issue date stated on the Annuity Data Page. This phase will continue until the Payout Start Date unless the Contract Certificate is terminated before that date. CONTRACT CERTIFICATE YEAR. The one year period beginning on the issue date and on each anniversary of the issue date.
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