SIR (Scheduled Increase Rider. 6. SIR is a rider that can have up to a maximum of 10 annual increases which are scheduled at issue. The percentage must be the same for each increase, and the increases must be completed within 10 years.
Appears in 3 contracts
Samples: Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)
SIR (Scheduled Increase Rider. 61. SIR is a rider that can have up to a maximum of 10 annual increases which are scheduled at issue. The percentage must be the same for each increase, and the increases must be completed within 10 years.
Appears in 3 contracts
Samples: Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins), Automatic and Facultative Yearly Renewable Term Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)