Policy Value definition

Policy Value means the amount to which separately identified interest credits and mortality, expense, or other charges are made under a universal life insurance policy.

Policy Value means the amount of which separately identified interest credits and mortality, expense, or other charges are made under a universallife insurance policy.

Policy Value means a policy’s GPR.

Examples of Policy Value in a sentence

• Except as provided in§ 324.42(i) for nth-to-default credit de- rivatives, parameter D equals param- eter A plus the ratio of the current dol- lar amount of the securitization expo- sures that are pari passu with the expo- sure (that is, have equal seniority with respect to credit risk) to the current dollar amount of the underlying expo- sures.

• It means that existing system do not help employee to understand the link between job and strategy; this imply that existing system is still conducted in traditional manner.

• Overseas transfer charge - In the event of applicable tax charge arising as a result of an overseas transfer (Her Majesty Revenue & Customs HMRC) - Policy paper – The overseas transfer charge – guidance, published 8th March 2017) for which the Scheme Manager i.e. Bajaj Allianz Life Insurance Company may become liable, we shall deduct an amount only to the extent of the applicable tax charge from the Policy value and remit the same to HMRC.

• The effects of taxation included reduction of vacant land reduction of 233 ha within three years in Mecicali and 8.5 percent contribution for the total collected tax revenue.23 □ Value CaptureA described by the Lincoln Institute of Land Policy, value capture refers to the process by which all or a portion of increments in land value attributed to "community interventions" rather than landowner actions are recouped by the public sector.

• Policy Value The Policy value is determined by the collective value of its segments.

More Definitions of Policy Value

Policy Value means the sum of the Portfolio Values.

Policy Value. The sum of the Variable Account Value, the Fixed Account Value and the Loan Account Value. The Policy Value on the Policy Effective Date is the initial Net Premium less the Monthly Deduction for the upcoming month. Policy Year: Each period of 12 months commencing with the Policy Effective Date.

Policy Value means the amount, developed within the main structure of the policy or provided in a separate policy provision, to which separately identified interest credits and mortality, morbidity, expense or other charges are made under a fixed premium universal life insurance policy. The policy owner may or may not have a right to the entire policy value because of built in surrender charges imposed by the insurer.

Policy Value. The sum of the values of your interests in the subaccounts of the separate account plus the value of the fixed account and the loan account. The amount from which monthly deductions are made and the death benefit is determined.

Policy Value. Amount defined in Section 4, that can be used to fund one of the income options. POLICY YEAR – The 12-month period following the policy date shown on the Policy Data page. The first policy year starts on the policy date. Each subsequent year starts on the anniversary of the policy date.

Policy Value means the sum of Fund Values across all funds in the Policy.

Policy Value means the total Value of Units attaching to the Policy.