Examples of Account Effective Date in a sentence
A period of twelve months measured from the Account Effective Date or an anniversary of such Account Effective Date.
The fee, if any, is deducted proportionately from each Investment Option in which the Individual Account is invested on the anniversary of the Individual Account Effective Date.
At initial purchase, this date is the same as the Account Effective Date.
The effective date of the newly elected Option Package is the anniversary of the Account Effective Date at the end of the sixty day election period.
The eligible Certificate Holder may make the election during the sixty day period prior to and including any anniversary of the Account Effective Date.
The Maintenance Fee (SEE SCHEDULE - ACCUMULATION PERIOD) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.
The new Schedule will reflect the revisions to the Certificate Holder's benefits during the Accumulation Period, namely: The new Schedule Effective Date, The revised Charges to Separate Account, The calculation of the death benefit, and The revised ability to withdraw money free of Deferred Sales Charge All other Contract features remain in effect from the Account Effective Date.
The Maintenance Fee (see Schedule - Accumulation Period) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.
This charge will remain in effect for seven years from the Account Effective Date.
At initial purchase, the Schedule Effective Date is the same as the Account Effective Date.