Examples of Rider Maturity Date in a sentence
The Rider Fee will cease after the Rider Maturity Date or after the Rider terminates, whichever is sooner.
A Rider Fee will be deducted on each subsequent Contract Anniversary up to and including the Rider Maturity Date or the date the rider is terminated, whichever is sooner.
The Rider Charge will no longer be assessed upon any of the following events: (a) the Rider Maturity Date; (b) the Annuity Commencement Date; (c) upon the death of a Covered Life or Annuitant.
After the Rider Maturity Date, this rider provides no additional benefit.
Prior to the Rider Maturity Date, the Accumulation Benefit will not be available as a Contract Value, Settlement Value, or Death Proceeds.
The Rider Charge will no longer be assessed upon any of the following events: (a) the Rider Maturity Date; (b) the Annuity Commencement Date; or (c) upon the death of a Covered Life or Annuitant.
Additionally, if this rider is terminated for any reason prior to the Rider Maturity Date, no Accumulation Benefit will be paid.
The Rider Trade-In Option allows you to cancel this rider and immediately add a new Accumulation Benefit Rider ("New Rider"), provided all of the following conditions are met: o The trade-in must occur on or after the 10th anniversary of the Rider Date and prior to the Rider Maturity Date.
On the Rider Maturity Date, if the Accumulation Benefit is greater than the Contract Value, then the Contract Value will be increased to equal the Accumulation Benefit.
This rider will terminate on the earliest of the following to occur: o On the Rider Maturity Date o On the Payout Start Date o On the date the Contract is terminated o On the date the rider is cancelled o On the date this rider is terminated under Section VI.3. of this rider o On the date this rider is replaced with a New Rider under the Rider Trade-In Option.