Attained Age definition

Attained Age means issue age plus the elapsed number of policy years, where the issue age is defined as age nearest birthday of the insured.

Attained Age. The Insured's Issue Age plus the number of completed Policy Years.

Attained Age means the Person Covered’s Age at Entry plus the number of Individual Certificate Year from the Effective Date.

Examples of Attained Age in a sentence

• These factors vary by the insured’s Attained Age and are shown in the Contract.

• Restrictions on additional Premium Payments, such as the Attained Age of the Annuitant or Owner and the timing and amount of each payment, are shown in the Schedule.

• Attained Age – During the Guaranteed Annual Withdrawal Phase, the age of the Covered Person (or the age of the younger Joint Covered Person) on the Ratchet Date.

• If beneficial, the current GAW% will change to the Attained Age GAW% and the Benefit Base will change to the current Covered Fund Value as of the Ratchet Date.

• The Company will multiply the Covered Fund Value, subject to the Benefit Base cap, as of the Ratchet Date by the Attained Age GAW% (based on the Covered Person’s or the younger Joint Covered Person’s Attained Age on the Ratchet Date) and determine if it is higher than the current Benefit Base multiplied by the current applicable GAW%.

More Definitions of Attained Age

Attained Age. Attained Age is the Issue Age plus the number of full years since the Policy Date.

Attained Age of any individual means his chronological age, not the age he was, or will be, on his nearest birthday.

Attained Age of the annuitant on any date after the Date of Issue means the age of the Annuitant at issue as shown on page 3 plus the number of years elapsed from the Date of Issue to such date; and

Attained Age during the first policy year means age at nearest birthday on the Policy Date. During each succeeding policy year, "attained age" means age at nearest birthday on the policy anniversary on which that policy year commenced.

Attained Age means the Certificateholder’s Issue Age increased by one year on each

Attained Age means a Participant's chronological age (not his age on his nearest birthday).

Attained Age. The Insured’s age as of the nearest birthday on the Policy Effective Date plus the number of complete Policy Years since the Policy Effective Date.