Illustrated rate definition

Illustrated rate means a rate shown in an advertisement, representation, or solicitation which an insurer may guarantee for a limited period of time, but not guarantee for the duration of the policy.
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Examples of Illustrated rate in a sentence

  • Illustrated rate of return of 3% p.a. for Fanny’s example: From Policy Year 4: Guaranteed Income SS125 | Cash Bonus SS65 | Total SS190 From Policy Year 6: Guaranteed Income SS160 | Cash Bonus SS137 | Total SS297 From Policy Year 119: Guaranteed Income SS171 | Cash Bonus S156 | Total SS327 Centennial Benefit: Guaranteed 105% of Premiums Paid SS 157,499 | Non-guaranteed Terminal Bonus SS10,499 | Total SS167,998 This policy is underwritten by Singapore Life Ltd.

Related to Illustrated rate

  • Ramp Rate is the applicable Ramp Rate as stated in Section 8 of Schedule A.

  • Reference method means any direct test method of sampling and analyzing for an air pollutant as specified in 40 CFR 60, Appendix A*.

  • Annual Percentage Rate or “APR” of a Receivable means the annual percentage rate of finance charges or service charges, as stated in the related Contract.

  • Repo Rate on any day means the highest interest rate available to a Lender from investment in overnight repurchase agreements.

  • CMS Rate means the applicable swap rate for swap transactions in the Reference Currency with a maturity of the Designated Maturity, expressed as a percentage, which appears on the Relevant Screen Page as at the Specified Time on the relevant Interest Determination Date in question, all as determined by the Calculation Agent.

  • Increased Rate means, with respect to any Increased Rate Period for a Series of RVMTP Shares, the Index Rate for such Increased Rate Period plus an Applicable Spread of 5.92%.