Annuity Frequency definition

Annuity Frequency means the frequency of Annuity Installment payment as specified in the Schedule.
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Annuity Frequency means the frequency at which the Annuity becomes payable under this Policy and is as shown in the Schedule.
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Annuity Frequency means the frequency of Annuity Instalment payment of monthly, quarterly, half-yearly or yearly, as specified in the Schedule.
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Examples of Annuity Frequency in a sentence

  • The Annuity under this Policy will be payable by us, in accordance with the Annuity Option and at the Annuity Frequency chosen by the Annuitant and is specified in the Schedule.

  • Where a Policy is transferred from another Insurer, the Annuity Income and payment frequency will remain the same for the first 12 months of the Policy, whereupon the Policyholder shall have the right to amend the Annuity Frequency and Annuity Income level.

  • We will start paying the Annuity amount from the First Annuity Payout Date and at the chosen Annuity Frequency specified in the Policy Schedule.

  • The Policyholder is presented with an option to receive an annuity at one of the following frequencies: • Monthly• Quarterly• Bi-Annually,• AnnuallyThe Policyholder may amend the Annuity Frequency and Annuity Income level on the Annuity Anniversary Date.

  • In the case of a transfer the Policyholder can do the first review of the Annuity Frequency and Annuity Income only after the first Annuity Anniversary Year.Payment of the Annuity can be paid on either the 15th or 25th of each month.The Policyholder must select a percentage Annuity Income rate within the prescribed limits.

  • An Annuity Installment payment will start one year after the Annuity Commencement Date for yearly Annuity Frequency, six months after the Annuity Commencement Date for half yearly Annuity Frequency, three months after the Annuity Commencement Date for quarterly Annuity Frequency and one month after the Annuity Commencement Date for monthly Annuity Frequency.

  • An Annuity would be payable as per the Annuity Frequency shown in the Policy Schedule.

  • Annuity Frequency: The frequency on which the Policyholder will be paid the Annuity Income.


More Definitions of Annuity Frequency

Annuity Frequency means the mode of Annuity payment as specified in the Schedule.
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Annuity Frequency means frequency of Annuity payment as chosen by the Policyholder from the available frequencies of Annuity payment i.e. yearly, half-yearly, quarterly, and monthly.
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Related to Annuity Frequency

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.