Rider Anniversary definition

Rider Anniversary means the same day and month of each year as the Rider Date. If the day does not exist in a month, the last day of the month will be used. For purposes of calculating the Benefit Base on the first Rider Anniversary, the Rider Date will be considered a Rider Anniversary.
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Rider Anniversary means the annual anniversary of the Date of Commencement of Risk under Rider;
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Rider Anniversary means the same day and month as the Policy Effective Date in each succeeding year after the Rider Effective Date while this Rider remains in force. If the Rider Effective Date is 29 February of a leap year, then the Rider Anniversary will be 28 February in succeeding non- leap years.
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Examples of Rider Anniversary in a sentence

  • After the Rider Date, the rider fee will be deducted from the Contract Value on each Rider Anniversary.

  • If we receive Written Notice to surrender the Child Paid-Up Term Insurance within 30 days after a Rider Anniversary, the accumulated value will not be less than it was on that anniversary.

  • Upon receiving proof that the death of the Insured occurred before this rider terminated, any Child Term Insurance then in force will become Child Paid-Up Term Insurance to the Rider Anniversary after the Child's 21st birthday.

  • The Spouse's Attained Age on any day is the Spouse's age last birthday on the Rider Anniversary on or immediately prior to that day.

  • The Rider Anniversary Immediately Following the End of the Roll-Up Period If the Benefit Base Multiplier Minimum Age has not yet been attained and no withdrawals have been made from the contract, the Benefit Base will be set equal to the greatest of the following: .

  • The Rider Anniversary Immediately Following the Date that the Benefit Base Multiplier Minimum Age has been Attained If the Roll-Up Period has ended and no withdrawals have been made from the contract, the Benefit Base will be set equal to the greatest of the following: .

  • This Rider may be renewed while this Policy is in force and before the Rider Anniversary on or next following the Spouse's 70th birthday.

  • Each Rider Anniversary During the Roll-Up Period If no withdrawals have been made from the contract, the Benefit Base will be set equal to the greatest of the following: .

  • A conversion can only take place while both the Policy and Rider are in force and prior to the Rider Anniversary on or next following the Spouse's 66th birthday.

  • If you surrender the contract on a date other than on a Rider Anniversary, we will deduct a proportional rider fee from the amount paid upon surrender.