Segments. Your policy’s value in an Indexed Account is divided into Segments. Each Segment represents a transfer of policy value from the Fixed Account to an Indexed Account. Segments are credited with interest and comprise a portion of the policy’s Accumulated Value. This is a summary of how Segments work: • Segment Creation – A new Segment is created when there is an allocation to an Indexed Account. The Segment will continue until the end of the Segment Term. • Segment Value Change – Over the Segment Term, the Segment will grow with the Segment Guaranteed Interest and be reduced by Segment Deductions.
Appears in 3 contracts
Samples: Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
Segments. Your policyPolicy’s value in an Indexed Account is divided into Segments. Each Segment represents a transfer of policy Policy value from the Fixed Account to an Indexed Account. Segments are credited with interest and comprise a portion of the policyPolicy’s Accumulated Value. This is a summary of how Segments work: • Segment Creation – A new Segment is created when there is an allocation to an Indexed Account. The Segment will continue until the end of the Segment Term. • Segment Value Change – Over the Segment Term, the Segment will grow with the Segment Guaranteed Interest and be reduced by Segment Deductions.
Appears in 2 contracts
Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
Segments. Your policyPolicy’s value in an Indexed Account is divided into Segments. Each Segment represents a transfer of policy Policy value from the Fixed Account to an Indexed Account. Segments are credited with interest and comprise a portion of the policyPolicy’s Accumulated Value. This is a summary of how Segments work: • Segment Creation – A new Segment is created when there is an allocation a transfer to an Indexed Account. The Segment will continue until the end of the Segment Term. • Segment Value Change – Over the Segment Term, the Segment will grow with the Segment Guaranteed Interest and be reduced by Segment Deductions.
Appears in 1 contract
Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
