Indexed Account Segment definition
Indexed Account Segment. (“Segment”) refers to any particular Indexed Account selected and its associated Segment Duration. Each time an allocation is made into an Indexed Account, a new Indexed Account Segment is created. For further details see Section 6.
Examples of Indexed Account Segment in a sentence
At the end of a Segment Term, the Segment Value is either transferred to a new Indexed Account Segment, or to the Fixed Account.
The Indexed Account Segment Start Dates, as of the Policy Date, are shown in the Policy Specifications.