GUARANTEED INTEREST DIVISION definition

GUARANTEED INTEREST DIVISION. An investment option available in the General Account, an account which contains all of our assets other than those held in our Separate Accounts.
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GUARANTEED INTEREST DIVISION. A Division of the General Account which we may, from time to time, make available for allocations of Premium Payments or Accumulation Value which we credit with fixed rates of interest for specific Guarantee Periods.
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GUARANTEED INTEREST DIVISION. The Division maintained by UNUM for these and other contracts for which UNUM guarantees the principal amount and interest credited thereto, subject to any fees and charges as set forth in this Contract. Amounts allocated to the Guaranteed Interest Division are part of the General Account.
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Examples of GUARANTEED INTEREST DIVISION in a sentence

  • TRANSFERS FROM A GUARANTEED INTEREST DIVISION We currently require that an amount allocated to a Guarantee Period not be transferred until the Maturity Date, except pursuant to our published rules.

  • GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Separate Accounts.

  • TRANSFERS FROM A GUARANTEED INTEREST DIVISION On a Maturity Date, 100% of the Accumulation Value in the maturing Guarantee Period may be transferred.

  • GUARANTEED INTEREST DIVISION - An investment option available in the General Account, an account which contains all of our assets other than those held in our Variable Separate Accounts.

  • THE TABLES ASSUME THAT 100% OF ALL CONTRIBUTIONS AND EARNINGS ARE ALLOCATED TO AND REMAIN IN THE GUARANTEED INTEREST DIVISION.

  • GUARANTEED INTEREST DIVISION The Guaranteed Interest Division is another Division to which you may allocate Premiums or make transfers.

  • TRANSFERS FROM THE GUARANTEED INTEREST DIVISION On a Maturity Date, 100% of the Accumulation Value in the maturing Guarantee Period may be transferred.

  • GUARANTEED INTEREST DIVISION - An investment option available in the General Account.

  • GUARANTEED INTEREST DIVISION - A Division of the General Account which we may, from time to time, make available for allocations of Premium Payments or Accumulation Value which we credit with fixed rates of interest for specific Guarantee Periods.

  • GUARANTEED INTEREST DIVISION The Guaranteed Interest Division is another Division to which you may allocate Purchase Payments or make transfers.


More Definitions of GUARANTEED INTEREST DIVISION

GUARANTEED INTEREST DIVISION. The Division maintained by LL&A for this and other contracts for which LL&A guarantees the principal amount and interest credited thereto, subject to any fees and charges as set forth in this Contract. Amounts allocated to the Guaranteed Interest Division are part of the General Account.
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GUARANTEED INTEREST DIVISION. The Division maintained by Lincoln Life for these and other contracts for which Lincoln Life guarantees the principal amount and interest credited thereto, subject to any fees and charges as set forth in this Contract. Amounts allocated to the Guaranteed Interest Division are part of the General Account.
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GUARANTEED INTEREST DIVISION. [The Guaranteed Interest Division is another division to which you may allocate premium or make transfers. The Account Value of the Guaranteed Interest Division is equal to the Net Premium allocated to this division plus any earned interest minus deductions taken from this division. Interest is credited at the guaranteed rate shown in the schedule or may be credited at a higher rate. Any higher rate is guaranteed to be in effect for at least 12 months.] LOAN DIVISION The Loan Division is the account which is set aside to secure the Policy Loan, if any. See the Loan Provisions section for information.
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GUARANTEED INTEREST DIVISION. The Guaranteed Interest Division is another Division to which you may allocate Premiums or make transfers. The Account Value of the Guaranteed Interest Division is equal to the Net Premium allocated to this Division plus any earned interest minus deductions taken from this Division. Interest is credited at the guaranteed rate shown in the schedule or may be credited at a higher rate. Any higher rate is guaranteed to be in effect for at least 12 months. The Guaranteed Account Value of the Division would be the Net Premium allocated to this division plus any earned interest at the guaranteed minimum interest rate shown on the schedule page minus:
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Related to GUARANTEED INTEREST DIVISION

  • Guaranteed Interest Rate is the effective annual interest rate we will credit for a specified Guarantee Period. The Guaranteed Interest Rate will never be less than the minimum shown in the Schedule.

  • a guaranteed income payment means a payment made under article 15(1)(c) (injury benefits) or 29(1)(a) (death benefits) of the Armed Forces and Reserve Forces (Compensation Scheme) Order 2011;

  • Guaranteed Advance Payment Sum means: The maximum amount of R .........................................................................

  • Guaranteed Sum means: The maximum aggregate amount of R

  • Guaranteed loan means a Student Loan which is Guaranteed.