Common use of SEGMENT MATURITY VALUE Clause in Contracts

SEGMENT MATURITY VALUE. We determine your Segment Maturity Value on the Segment Maturity Date based on your Segment Rate of Return as shown in the Segment Rate of Return Section in the applicable Segment Option Rider and your Segment Return Amount as described in Section 2.01(p). Your Segment Maturity Value is the sum of your Segment Investment plus your Segment Return Amount on the Segment Maturity Date. A Segment ends upon its Segment Maturity Date. Upon maturity of a Segment, the Segment Maturity Value is transferred to another Investment Option as described in Section 2.03.

Appears in 8 contracts

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable America Variable Account No.70A), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co of America), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Equitable Financial Life Insurance Co of America)

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SEGMENT MATURITY VALUE. We determine your Segment Maturity Value on the Segment Maturity Date based on your Segment Rate of Return as shown in the Segment Rate of Return table in Section in the applicable Segment Option Rider 2.01(n) and your Segment Return Amount as described in Section 2.01(p). Your Segment Maturity Value is the sum of your Segment Investment plus your Segment Return Amount on the Segment Maturity Date. A Segment ends upon its Segment Maturity Date. Upon maturity of a Segment, the Segment Maturity Value is transferred to another Investment Option as described in Section 2.03.

Appears in 2 contracts

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co), Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co)

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SEGMENT MATURITY VALUE. We determine your Segment Maturity Value on the Segment Maturity Date based on your Segment Rate of Return as shown in the Segment Rate of Return table in Section in the applicable Segment Option Rider 2.01(o) and your Segment Return Amount as described in Section 2.01(p2.01(q). Your Segment Maturity Value is the sum of your Segment Investment plus your Segment Return Amount on the Segment Maturity Date. A Segment ends upon its Segment Maturity Date. Upon maturity of a Segment, the Segment Maturity Value is transferred to another Investment Option as described in Section 2.03.

Appears in 1 contract

Samples: Flexible Premium Deferred Variable and Index Linked Annuity Contract (Separate Acct No 49 of Axa Equitable Life Insurance Co)

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