Matured Term Value definition

Matured Term Value. The amount payable on an AG Account Guaranteed Term's Maturity Date.

Matured Term Value. During the calendar month following an AG Account Transfer: Maturity Date, the Certificate Holder may notify Aetna's home office in writing to Transfer or surrender all or part of the Matured Term Value, plus interest at the new Guaranteed Rate accrued thereon, from the AG Account without an MVA. This provision only applies to the first such written request received from the Certificate Holder during this period for any Matured Term Value.

Matured Term Value. The amount payable on a GA Account Term's Maturity Date.

Examples of Matured Term Value in a sentence

• If a Guaranteed Term of the same duration is unavailable, each Matured Term Value will automatically be reinvested in the current Deposit Period for the next shortest Guaranteed Term available.

• This notice will state the Guaranteed Term and Guaranteed Rate(s) which will apply to the reinvested Matured Term Value.

• If no specific direction is given by the Certificate Holder prior to the Maturity Date, each Matured Term Value will be reinvested in the current Deposit Period for a Guaranteed Term of the same duration.

• This notice will contain the Terms available during current Deposit Periods with their Guaranteed Rate(s), and projected Matured Term Value.

• This provision only applies to the first such written request received from the Certificate Holder during this period for any Matured Term Value.

More Definitions of Matured Term Value

Matured Term Value. The amount payable on a GA Account Guaranteed Term's Maturity Date.

Matured Term Value. The amount payable on an MG Account Guaranteed Term's Maturity Date.

Matured Term Value. During the calendar month following an AG Transfer: Account Maturity Date, the Certificate Holder may notify Aetna's home office in writing to Transfer or surrender all or part of the Matured Term Value, plus interest at the new Guaranteed Rate accrued thereon, from the AG Account without an MVA. This provision only applies to the first such written request received from the Certificate Holder during this period for any Matured Term Value.

Matured Term Value. The amount due on an AG Account Guaranteed Term's Maturity Date.

Matured Term Value. During the calendar month following an MG Transfer: Account Maturity Date, the Contract Holder may notify Aetna's Home Office in writing to Transfer or surrender all or part of the Matured Term Value, plus interest at the new Guaranteed Rate accrued thereon, from the MG Account without an MVA. This provision only applies to the first such written request received from the Contract Holder during this period for any Matured Term Value.

Matured Term Value. The amount payable on a GI Account Term's Maturity Date.

Matured Term Value. During the calendar month following a GA Account Transfer: Maturity Date, the Participant may notify Aetna's Home Office in writing to transfer or withdraw all or part of the Matured Term Value, plus interest at the new Guaranteed Rate accrued thereon, from the GA Account without an MVA. This provision only applies to the first such written request received from the Participant during this period for any Matured Term Value.