Guarantee Periods. Each Fixed Allocation is guaranteed an interest rate for a period, a Guarantee Period. The Guaranteed Interest Rate for a Fixed Allocation is effective for the entire period. The Maturity Date of a Guarantee Period will be on the last day of the calendar month in which the Guarantee Period ends. Withdrawals and transfers made during a Guarantee Period may be subject to a Market Value Adjustment unless made within thirty days of the Maturity Date. Upon the expiry of a Guarantee Period, we will transfer the Accumulation Value of the expiring Fixed Allocation to a Fixed Allocation with a Guarantee Period equal in length to the expiring Guarantee Period, unless you select another period prior to a Maturity Date. We will notify you at least thirty days prior to a Maturity Date of your options for renewal. If the period remaining from the expiry of the previous Guarantee Period to the Annuity Commencement Date is less than the period you have elected or the period expiring, the next shortest period then available that will not extend beyond the Annuity Commencement Date will be offered to you. If a period is not available, the Accumulation Value will be transferred to the Specifically Designated Division. We will declare Guaranteed Interest Rates for the then available Fixed Allocation Guarantee Periods. These interest rates are based solely on our expectation as to our future earnings. Declared Guaranteed Interest Rates are subject to change at any time prior to application to specific Fixed Allocations, although in no event will the rates be less than the Minimum Guaranteed Interest Rate shown in the Schedule. Market Value Adjustments A Market Value Adjustment will be applied to a Fixed Allocation upon withdrawal, transfer or application to an Income Plan if made more than thirty days prior to such Fixed Allocation's Maturity Date, except on Systematic Partial Withdrawals and IRA Partial Withdrawals. The Market Value Adjustment is applied to each Fixed Allocation separately. The Market Value Adjustment is determined by multiplying the amount of the Accumulation Value withdrawn, transferred or applied to an Income Plan by the following factor:
Guarantee Periods. You select the Initial Guarantee Period from among those offered by us. The Initial Guarantee Period to which the Single Premium is applied is shown on the first page of this Contract. The Initial Guarantee Period may not extend beyond the latest Annuity Commencement Date allowed under the Contract as described in Section 6.4. At the end of the Initial Guarantee Period, and any subsequent Guarantee Period, we will automatically apply the Accumulation Value to a new Guarantee Period, unless we receive alternate instructions from you. Each Guarantee Period after the expiration of the Initial Guarantee Period will be one year. After the Initial Guarantee Period ends, Withdrawals or a Surrender may be made without incurring any Surrender Charges. Such Withdrawals or a Surrender may be subject to the Market Value Adjustment. IU-IA-3096 9
Guarantee Periods. Each allocation to the Fixed Interest Division will be guaranteed an interest rate for the entire Initial Guaranteed Period elected. We currently offer Initial Guarantee Periods of one, three, five, seven and ten years. The Initial Guarantee Period starts on the day an allocation is made to the Fixed Interest Division and ends on the last day of the calendar month following one, three, five, seven or ten years as appropriate, the Maturity Date. At the end of a Guarantee Period, you may transfer the Accumulation Value in such Guarantee Period to the Divisions or to a Guarantee Period we then offer. If we do not receive notification by the Maturity Date, your Accumulation Value in the maturing Guarantee Period will automatically be transferred to a one year Guarantee Period. Upon such automatic transfer you will have thirty days to reallocate any of your Accumulation Value to the Divisions.
Guarantee Periods. Up from time to time will provide a guarantee period to an Employer for example one to six months. Within this period if the Member is terminated the employer may request Up to either refund all or part of their placement fee received. If the employment of the Member has been terminated due to gross misconduct, that Member will become solely liable for the full cost of the refund and all associated debt recovery costs including but not limited to legal fees to Up. The Member authorises Up or a third party acting on behalf of Up to credit list that Member as a part of debt collection proceeding if required.
Guarantee Periods. You will select the duration of the Guarantee Period and corresponding declared Guaranteed Interest Rate. Your Purchase Payment will earn interest at the Guaranteed Interest Rate during the entire Guarantee Period. All interest earned will be credited daily; this compounding effect is reflected in the Guaranteed Interest Rate. EXAMPLE OF COMPOUNDING AT THE GUARANTEED INTEREST RATE Beginning Account Value: $50,000 Guarantee Period: 5 years Guaranteed Interest Rate: 5.50% Annual Effective Rate END OF CONTRACT YEAR - - $52,750.00 ========== ========== ========== ========== ========== - $55,651.25 ========== ========== ========== ========== - $58,712.07 ========== ========== ========== ========== ========== - $61,941.23 ========== ========== ========== ========== ========== - $65,348.00 ========== ========== ========== ========== ========== $65,348.00 ========== ========== ========== ========== ========== THE ABOVE EXAMPLE ASSUMES NO SURRENDERS, DEDUCTIONS FOR PREMIUM TAXES, OR PRE- AUTHORIZED PAYMENT OF INTEREST DURING THE ENTIRE FIVE-YEAR PERIOD. A MARKET VALUE ADJUSTMENT OR SURRENDER CHARGE MAY APPLY TO ANY SUCH INTERIM SURRENDER (SEE "SURRENDERS"). THE HYPOTHETICAL GUARANTEED INTEREST RATES ARE ILLUSTRATIVE ONLY AND ARE NOT INTENDED TO PREDICT FUTURE GUARANTEED INTEREST RATES TO BE DECLARED UNDER THE CONTRACT. ACTUAL GUARANTEED INTEREST RATES DECLARED FOR ANY GIVEN TIME MAY BE MORE OR LESS THAN THOSE SHOWN. We will notify you about subsequent Guarantee Periods near the end of your current Guarantee Period. At the end of a Guarantee Period: - You may elect a subsequent Guarantee Period by telephone or in writing - Your Account Value will be transferred to the new Guarantee Period at the Guaranteed Interest Rate offered at that time - If you do not make any election, we will automatically transfer the Account Values into a one year Guarantee Period, which you may transfer out of into a new Guarantee Period with no transfer, surrender or Market Value Adjustment charge.
Guarantee Periods. If You have allocated any part of Your Purchase Payment to a Fixed Account Option(s), the Fixed Account Option(s) Guarantee Period will not be discontinued until the end of the Fixed Account Option(s) Guarantee Period. A Written Notice will be provided to the Owner at least 30 days prior to the discontinuation of a Fixed Account Option(s)
Guarantee Periods. The duration of the guarantee period is that proposed in the contract holder’s tender.
Guarantee Periods. For vehicles embarking at the port of BARCELONA on the ferries put in place by the Organizer: the insurance comes into effect when the vehicles enter the administrative and technical checks in BARCELONA (end of November 2024 or more accurate date) and expires, at the end of the rally, when the vehicles leave the secure area in the BARCELONA port, on 28 February 2025 at 23h59 at the latest. Maritime crossings are not covered by this policy. However, the vehicles must be insured by their owners for the route between the place of the technical checks and the BARCELONA port. THIS POLICY ONLY COVERS THE OFFICIAL RALLY ROUTE ESTABLISHED BY THE ORGANIZER. Thus, owners must also insure the following: The following are excluded from this insurance: Circulation in the bivouac The Rider/Competitor thus enters the 2025 Dakar Rally being fully aware of the risks which they may incur by taking part in this rally.
Guarantee Periods. Guarantee Periods offered may be from one (1) month to ten (10) years or any such shorter period that equals the time remaining before the Retirement Date. No Guarantee Period shall extend beyond a ten (10) year period. Before the end of any Guarantee Period, we will declare Participation Rate(s), Current Rate(s), Enhanced Rate(s), Additional Interest and Guarantee Periods for all Available Accounts offered at that time.
Guarantee Periods. You may select one or more Guarantee Period(s) from those We make available. The period(s) selected will determine the Guaranteed Interest Rate(s). The Net Purchase Payment or the portion thereof (or amount transferred in accordance with the Transfer Privilege Provision described below) allocated to a particular Guarantee Period will earn interest at the Guaranteed Interest Rate during the Guarantee Period. Guarantee Periods begin on the Date of Deposit or, in the case of a transfer, on the effective date of the transfer. The Guarantee Period is the number of years We credit the Guaranteed Interest Rate. The expiration date of any Guarantee Period is the last day of the Guarantee Period. Subsequent Guarantee Periods begin on the first day following the expiration date. As a result of Guarantee Period renewals, additional purchase payments and transfers of portions of the Contract Value, Guarantee Periods of the same duration may have different expiration dates and Guaranteed Interest Rates. We will notify You In Writing at least 45 and no more than 60 days prior to the expiration date for any Guarantee Period. A new Guarantee Period of the same duration as the previous Guarantee Period will begin automatically at the end of the previous Guarantee Period unless We receive Written notice to the contrary at least 3 business days prior to the end of such Guarantee Period. You may elect a different Guarantee Period or Subaccount from those We offer at such time.
