Plan Start Date definition
Examples of Plan Start Date in a sentence
The adjusted age is the actual age of the Annuitant(s) on the Income Plan Start Date, subtracted by two, reduced by one year for each six full calendar years between January 1, 2000 and the Income Plan Start Date.
The “Mandatory Annuity Payout Start Date” is the earlier of the date on which there are no eligible investment programs available through the Broker/Dealer, or the Latest Income Plan Start Date.
This Contract will not cover any product or system which was not in good working order, or any defect in or problem with any product or system, existing prior to the Plan Start Date.
If You have not received any services (including any replacement credit), under a Plan and either You or We cancel that Plan after 30 days from the Plan Start Date, but before the end of the Plan Term, You are entitled to a pro rata refund of the amount paid by You for the unexpired Term of that Plan.
If we find the misstatement of age or sex after the Benefit Payment Start Date, the Income Plan Start Date or the Mandatory Annuity Payout Start Date, we will: • Pay all amounts underpaid including interest calculated at an effective annual rate according to applicable state law; or • Stop payments until the total income payments made are equal to the total amounts that would have been made if the correct age and sex had been used.