Plan type C definition

Plan type C means a policyholder may withdraw funds before the end of the interest rate guarantee in a single sum or installments over less than 5 years without the adjustment under subd.6. a. or subject to a fixed surrender charge stipulated in the contract as a percentage of the fund.
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Plan type C means the policyholder may withdraw funds before expiration of interest rate guarantee in a single sum or installments over less than 5 years either without adjustment to reflect changes in interest rates or asset values since receipt of the funds by the insurance company or subject only to a fixed surrender charge stipulated in the contract as a percentage of the fund.
Sample 1Sample 2Sample 3
Plan type C means a plan type for which a contractholder may withdraw funds before expiration of the interest rate guarantee in a single sum or installments over less than five (5) years:
Sample 1Sample 2

Examples of Plan type C in a sentence

  • Plan type C: A policyholder may withdraw funds before the interest rate guarantee expires in a single sum or in installments over a period of less than five years either without an adjustment to reflect changes in interest rates or asset values since the insurance company received the funds or subject only to a fixed surrender charge that is stipulated in the contract as a percentage of the fund.

  • Plan type C: Policyholder may withdraw funds before expiration of interest rate guarantee in a single sum or installments over less than five years either: (1) Without adjustment to reflect changes in interest rates or asset values since receipt of the funds by the insurance company; or (2) subject only to a fixed surrender charge stipulated in the contract as a percentage of the fund.

  • Plan type C: Policyholder may w1i8thdraw funds before expiration of interest rate guarantee in a single sum or installments over less1t9han 5 years either (i) without adjustment to reflect changes in interest rates or asset values since re2c0eipt of the funds by the insurance company, or (ii) subject only to a fixed surrend2e1r charge stipulated in the contract as a percentage of the fund.


More Definitions of Plan type C

Plan type C means the policyholder may withdraw funds before expiration of interest rate guarantee in a single sum or installments over less than 5 years either without adjustment to reflect changes in interest
Sample 1

Related to Plan type C

  • Salary reduction plan means a benefit plan whereby state and

  • Flexi Plan means any individual indemnity hospital insurance plan under the VHIS framework with enhancement(s) to any or all of the protections or terms and benefits that the Standard Plan provides to the Policy Holder and the Insured Person, subject to certification by the Government. Such plan shall not contain terms and benefits which are less favourable than those in the Standard Plan, save for the exception as may be approved by the Government from time to time.

  • Match means any association football match (or any part or aspect of such a match) taking place at the Ground.

  • Prescription drug means any drug required by federal law or regulation to be dispensed only

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  • Prescription drugs means drugs, medicine and controlled substances which by law can only be prescribed for human use by persons authorized by law.

  • GSA (Greater Sydney Area) means within the area bounded by the Local Government areas of Pittwater, Hornsby, Baulkham Hills, Hawkesbury, Penrith, Liverpool, Wollondilly, Campbelltown and Sutherland.

  • layout plan means a plan of the project depicting the division or proposed division of land into plots, roads, open spaces, amenities, etc. and other details as may be necessary;