Equity Adjustment. The Equity Adjustment is the adjustment (which could be positive, negative, or equal to zero) to the Accumulated Value, expressed as a percentage, based on the change in the fair value of the hypothetical derivative assets designed to replicate credits provided by a Segment Option at the end of a Segment Term. The fair values of the hypothetical derivative assets are calculated by Us and are used to estimate the change in the market value of each Segment Option. The Equity Adjustment does not apply to the Initial Holding Account or the fixed Segment Option(s).
Appears in 2 contracts
Sources: Single Premium Index Linked Deferred Annuity Contract (Principal Life Insurance Co), Single Premium Index Linked Deferred Annuity Contract (Principal Life Insurance Co)
Equity Adjustment. The Equity Adjustment is the adjustment (which could be positive, negative, or equal to zero) to the Accumulated Value, expressed as a percentage, based on the change in the fair value of the hypothetical derivative assets designed to replicate credits provided by a Segment Option at the end of a Segment Term. The fair values of the hypothetical derivative assets are calculated by Us and are used to estimate the change in the market value of each Segment Option. The Equity Adjustment does not apply to the Initial Holding Account or the fixed Segment Option(s).. SF 1027 5
Appears in 1 contract
Sources: Single Premium Index Linked Deferred Annuity Contract (Principal Life Insurance Co)