Common use of INTEREST ON THE ACCUMULATION FUND Clause in Contracts

INTEREST ON THE ACCUMULATION FUND. The Guaranteed Rate for the Accumulation Fund is effective until the Fund Balance is paid in full to the Policyholder. Interest is credited based upon the methodology specified in the Accumulation Fund Schedule.

Appears in 64 contracts

Samples: Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co), Funding Agreement (Genworth Life & Annuity Insurance Co)

AutoNDA by SimpleDocs

INTEREST ON THE ACCUMULATION FUND. The Guaranteed Rate for the Accumulation Fund is effective until the Fund Balance is paid in full to the Policyholder. Interest is credited based upon the methodology specified in the Accumulation Fund Schedule. Interest is earned from the Deposit Date(s) to but excluding the date the Fund Balance is paid in full to the Policyholder.

Appears in 1 contract

Samples: Funding Agreement (Genworth Global Funding Trust 2005-A)

AutoNDA by SimpleDocs

INTEREST ON THE ACCUMULATION FUND. The Guaranteed Rate for the Accumulation Fund AccumulationFund is effective until the Fund Balance is paid in full to the Policyholder. Interest is credited based upon the methodology specified in the Accumulation Fund Schedule.

Appears in 1 contract

Samples: Funding Agreement (Genworth Life & Annuity Insurance Co)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!