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: Equitable America Variable Account No.70A, Equitable Financial Life Insurance Co of America, 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: Separate Acct No 49 of Axa Equitable Life Insurance Co, 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: Separate Acct No 49 of Axa Equitable Life Insurance Co

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