Accumulation Value. The value attributable to the Basic Contract. The Accumulation Value is the sum of the values attributable to the Variable Investment Options.
Accumulation Value means the value of all amounts accumulated under the policy prior to the annuity date.
Accumulation Value means the total amount of value held in your accounts at any time. It is equal to the total of the accumulation value held in the Account, the Fixed Account, and the accumulation value held in the general account which secures policy loans.
Examples of Accumulation Value in a sentence
The report will also show the allocation of the Accumulation Value as of such date and the amounts deducted from or added to the Accumulation Value since the last report.
DATES - The days when we deduct certain charges from the Accumulation Value.
Such allocations will not be counted as an allocation change of the Accumulation Value for purposes of the number of free allocations permitted.
We reserve the right to defer collection of Premium Taxes until surrender or until application of Accumulation Value to an Annuity Option.
The report will show the Accumulation Value and the Cash Surrender Value as of the end of the Contract Processing Period.
More Definitions of Accumulation Value
Accumulation Value is equal to the sum of the Account Value of each of the Accounts. The term “Age” means the age of the individual on his or her last birthday.
Accumulation Value. The Accumulation Value is the total value under a Contract. It is the sum of the Variable Account Accumulation Value and the Guaranteed Interest Account Accumulation Value.
Accumulation Value. The Accumulation Value of a Separate Account Division is the total value of all Accumulation Units in that Division. The Accumulation Value of the Guaranteed Interest Fund is the sum of amounts applied to the fund, plus credited interest, less amounts withdrawn or transferred from the fund. The Accumulation Value of the contract is the sum of the Accumulation Values of all Investment Accounts.
Accumulation Value. IN EACH DIVISION On the Contract Date On the Contract Date, the Accumulation Value is allocated to each Division as elected by you, subject to certain terms and conditions imposed by us. We reserve the right to allocate premium to the Specially Designated Division during any Right to Examine contract period. After such time, allocation will be made proportionately in accordance with the initial allocation(s) as elected by you. On each Valuation Date At the end of each subsequent Valuation Period, the amount of Accumulation Value in each Division will be calculated as follows:
Accumulation Value. The "Accumulation Value" is the combined value of your Policy in all of the Subaccounts of the Variable Account, Guaranteed Interest Account and the values held in the General Account to secure policy loans.
Accumulation Value means on the Contract Date, the Initial Premium Payment, plus any Credit, less any Premium Tax, if applicable. At any time after the Contract Date, the Contract’s “Accumulation Value” means the sum of the Accumulation Value of the Divisions and the Fixed Allocations chosen. A pro-rata portion of the Credit will be added to the Accumulation Value in each Variable Separate Account Division or Fixed Allocation in the same ratio as the applicable Premium Payment.