Common use of Stable Value Clause in Contracts

Stable Value. Current return rate 1.00% Set 9/1/2021 Term: 09/01/2021 • 09/30/2021 Maturity Period A maturity period will begin on the date CMFG Life Insurance Company receives a contribution and will end when the number of years in the maturity period selected has elapsed. The last day of a maturity period is the maturity date for that contribution amount. Interest Rate CMFG Life Insurance Company will periodically establish an applicable interest rate for each maturity period option. Each contribution received will earn interest at the current effective annual interest rate declared by CMFG Life Insurance Company for the maturity period selected. The interest rate for each contribution is guaranteed by CMFG Life Insurance Company and will not change for the duration of the maturity period. Interest will be paid out annually on each successive anniversary date of the start of a maturity period, up to the maturity date.

Appears in 2 contracts

Samples: www.dolfeedisclosure.com, www.dolfeedisclosure.com

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Stable Value. Current return rate 1.00% Set 9/1/2021 10/1/2022 Term: 09/01/2021 • 09/30/2021 10/01/2022 - 10/31/2022 Maturity Period A maturity period will begin on the date CMFG Life Insurance Company receives a contribution and will end when the number of years in the maturity period selected has elapsed. The last day of a maturity period is the maturity date for that contribution amount. Interest Rate CMFG Life Insurance Company will periodically establish an applicable interest rate for each maturity period option. Each contribution received will earn interest at the current effective annual interest rate declared by CMFG Life Insurance Company for the maturity period selected. The interest rate for each contribution is guaranteed by CMFG Life Insurance Company and will not change for the duration of the maturity period. Interest will be paid out annually on each successive anniversary date of the start of a maturity period, up to the maturity date.

Appears in 1 contract

Samples: www.dolfeedisclosure.com

Stable Value. Current return rate 1.00% Set 9/1/2021 9/1/2022 Term: 09/01/2021 • 09/30/2021 09/01/2022 - 09/30/2022 Maturity Period A maturity period will begin on the date CMFG Life Insurance Company receives a contribution and will end when the number of years in the maturity period selected has elapsed. The last day of a maturity period is the maturity date for that contribution amount. Interest Rate CMFG Life Insurance Company will periodically establish an applicable interest rate for each maturity period option. Each contribution received will earn interest at the current effective annual interest rate declared by CMFG Life Insurance Company for the maturity period selected. The interest rate for each contribution is guaranteed by CMFG Life Insurance Company and will not change for the duration of the maturity period. Interest will be paid out annually on each successive anniversary date of the start of a maturity period, up to the maturity date.

Appears in 1 contract

Samples: www.dolfeedisclosure.com

Stable Value. Current return rate 1.00% Set 9/1/2021 5/1/2022 Term: 09/01/2021 • 09/30/2021 05/01/2022 - 05/31/2022 Maturity Period A maturity period will begin on the date CMFG Life Insurance Company receives a contribution and will end when the number of years in the maturity period selected has elapsed. The last day of a maturity period is the maturity date for that contribution amount. Interest Rate CMFG Life Insurance Company will periodically establish an applicable interest rate for each maturity period option. Each contribution received will earn interest at the current effective annual interest rate declared by CMFG Life Insurance Company for the maturity period selected. The interest rate for each contribution is guaranteed by CMFG Life Insurance Company and will not change for the duration of the maturity period. Interest will be paid out annually on each successive anniversary date of the start of a maturity period, up to the maturity date.

Appears in 1 contract

Samples: www.dolfeedisclosure.com

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Stable Value. Current return rate 1.00% Set 9/1/2021 5/1/2021 Term: 09/01/2021 05/01/2021 09/30/2021 05/31/2021 Maturity Period A maturity period will begin on the date CMFG Life Insurance Company receives a contribution and will end when the number of years in the maturity period selected has elapsed. The last day of a maturity period is the maturity date for that contribution amount. Interest Rate CMFG Life Insurance Company will periodically establish an applicable interest rate for each maturity period option. Each contribution received will earn interest at the current effective annual interest rate declared by CMFG Life Insurance Company for the maturity period selected. The interest rate for each contribution is guaranteed by CMFG Life Insurance Company and will not change for the duration of the maturity period. Interest will be paid out annually on each successive anniversary date of the start of a maturity period, up to the maturity date.

Appears in 1 contract

Samples: www.dolfeedisclosure.com

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