Certificate Anniversary definition
Certificate Anniversary. An anniversary of the Certificate Date.
Certificate Anniversary means the specified period of time (such as one year) following the effective date of the certificate, and each subsequent period.
Certificate Anniversary means the anniversary of the Commencement Date.
Examples of Certificate Anniversary in a sentence
The Certificate Processing Date will be on the Certificate Anniversary of each year.
The Income Date can be any time after the Certificate Date for variable payments and any time after the first Certificate Anniversary for fixed payments.
Other transfers from a Fixed Account option during a Certificate Year may not exceed twenty percent (20%) of the value of his or her interest in that option as of the most recent Certificate Anniversary.
Generally the Annuity Commencement Date must be no later than the Certificate Anniversary following his or her 70th birthday.
At any time on or before the fifth Certificate Anniversary, the Annuity Value equals the Surrender Value.
More Definitions of Certificate Anniversary
Certificate Anniversary. The anniversary of the certificate date. CERTIFICATE DATE - The date we receive the Initial Premium upon which we begin determining the Certificate values. It may or may not be the same as the certificate issue date. This date is used to determine Certificate months, processing dates, years, and anniversaries. CERTIFICATE ISSUE DATE - The date the Certificate is issued at our Customer Service Center.
Certificate Anniversary means the anniversary of the Effective Date.
Certificate Anniversary. For a Participant, the date in each year that is the annual anniversary of his or her Certificate Effective Date.
Certificate Anniversary means the same date each year as the Certificate Date.
Certificate Anniversary and "Certificate Account Value", respectively. To the extent any provisions contained in this rider are contrary to or inconsistent with those of the Contract to which it is attached, the provisions of this rider will control the Contract accordingly. This rider is only available to those Contracts with Annuitants who are age 84 or less at the time this rider is elected. The benefits described in this rider will cease upon termination of the Contract.
Certificate Anniversary. The same date in each Certificate Year as the Investment Start Date.
Certificate Anniversary. An anniversary of the Certificate Date that is used in calculating the Coverage Base and the Coverage Amount. Certificate Contributions: The initial Certificate Contribution is the value of the Covered Asset Pool on the Certificate Date. After the Certificate Date, but before the Lock-In Date, additional investments may be made by a Certificate Owner into the Covered Asset Pool. We refer to these as “Subsequent Contributions.”