POLICY VALUE Sample Clauses

POLICY VALUE. On the issue date or, if later, the date the first premium is received, the policy value is the net premium less the monthly deduction for the first policy month. On any other day, the policy value is the sum of the values in each subaccount, plus the value of the fixed account and the loan account. On each valuation date, the value in a subaccount is:

POLICY VALUE. On the Policy Date, the Policy Value is equal to the net premium less the Monthly Policy Charge. On any day after that, the Policy Value is equal to what it was on the previous day plus any of these items applicable on that day: - any increase due to investment results of all amounts invested in all Divisions for the Policy Value; - interest on the policy debt at an annual rate equal to the loan interest rate; - the net premium, if a premium is paid; - any policy dividend directed to increase the Policy Value; and minus any of these items applicable on that day: - any decrease due to investment results of all amounts invested in all Divisions for the Policy Value; - the Monthly Policy Charge; - on any monthly processing date on which there is a policy debt, a charge for expenses and taxes associated with the debt; - any withdrawals; and - any transaction charges that may result from a withdrawal, a transfer, a change in the Specified Amount or a change in the death benefit option. The Monthly Policy Charge, any charge for expenses and taxes associated with policy debt, withdrawals and any transaction charges will be deducted from the Policy Value. The deduction will be allocated to each Division in proportion to the amounts in each Division.

POLICY VALUE. The Policy Value is equal to the Contract Fund Value plus Policy Debt.

POLICY VALUE. On the Policy Date, the Policy Value is equal to the net annual policy premium plus any net unscheduled additional premium credited to Policy Value on the Policy Date, less the cost of insurance charge. On any day after that, the Policy Value is equal to what it was on the previous day plus these items: o any increase due to investment results of all amounts invested in all Divisions for the Policy Value; o interest on the Policy Value's share of policy debt at an annual rate equal to the loan interest rate less a charge by the Company for expenses and taxes; o on each policy anniversary, if the premium due is paid within the grace period, the net annual policy premium; o any net unscheduled additional premium used to increase Policy Value credited that day; o any policy dividend payable on that day directed to increase Policy Value; and o any amounts transferred to Policy Value from variable paid-up additional insurance; and minus any of these items applicable on that day: o any decrease due to investment results of all amounts invested in all Divisions for the Policy Value;

POLICY VALUE. POLICY VALUE (a) premium payments; minus (b) Gross Partial Withdrawals (as defined in Section 5); plus (c) interest credited to the Fixed Account (see Section 7); plus (d) accumulated gains, including the deduction of the Mortality and Expense Risk Fee and Administrative Charge, in the Separate Account (see Section 6); minus (e) accumulated losses including the deduction of the Mortality and Expense Risk Fee and Administrative Charge, in the Separate Account (see Section 6); minus (f) service charges, premium taxes, rider fees and transfer fees, if any. You may use the Policy Value on the Annuity Commencement Date to provide income under the General Payment Provisions in Section 10.

POLICY VALUE. POLICY VALUE (a) premium payments; minus (b) Gross partial withdrawals (as defined in Section 5); plus (c) interest credited to the fixed account (see Section 7); plus (d) accumulated gains in the separate account (see Section 6); minus (e) accumulated losses in the separate account (see Section 6); minus (f) service charges, premium taxes, rider fees and transfer fees, if any. You may use the policy value on the annuity commencement date to provide income under the General Payment Provisions in Section 10.

POLICY VALUE. On the Policy Date, the Policy Value is equal to the net annual policy premium plus any net unscheduled additional premium credited to Policy Value on the Policy Date, less the cost of insurance charge. On any day after that, the Policy Value is equal to what it was on the previous day plus these items:

POLICY VALUE. POLICY VALUE The Adjusted Policy Value may be used on the Annuity Commencement On or before the Annuity Date to provide lifetime income or Commencement Date, the Policy Value income for a period of no less than of each Certificate is equal to 60 months under the Payment Options the: in Section 10. (a) premium payments; minus SERVICE CHARGE (b) Gross Partial Withdrawals; plus On each Certificate Anniversary and at the time of surrender during any (c) interest credited to the Fixed Certificate Year before the Annuity Account; plus Commencement Date, we reserve the right to charge an amount up to the (d) accumulated gains in the amount of the Service Charge shown Separate Account; minus on page 3 for administration expenses. It will be deducted from (e) accumulated losses in the each Investment Option in Separate Account; minus proportion to the portion of Policy Value (prior to such charge) in (f) service charges, premium taxes each Investment Option, and transfer fees, if any. respectively, on that Certificate Anniversary, or at the time of ADJUSTED POLICY VALUE surrender. In no event will the Service Charge exceed 2% of the The Adjusted Policy Value is the Policy Value at the time it is Policy Value increased or decreased deducted. by any Excess Interest Adjustment M1016

POLICY VALUE. The sum of the value of policy assets in the Symetra Fixed Account and the Separate Account.

POLICY VALUE. POLICY VALUE On or before the Annuity Commencement Date, the Policy Value is equal to Your: (a) premium payments; minus (b) Gross Partial Withdrawals (as defined in Section 5); plus (c) interest credited to the Fixed Account (see Section 7); plus (d) accumulated gains in the Separate Account (see Section 6); minus (e) accumulated losses in the Separate Account (see Section 6); minus (f) service charges, premium taxes, rider fees and transfer fees, if any. You may use the Policy Value on the Annuity Commencement Date to provide lifetime income or income for a period of no less than 60 months under the General Payment Provisions in Section 10.