Policy Values definition

Policy Values means the values to which the policyholder is entitled upon request for policy loans, withdrawals, or the surrender of the policy and include cash values, accumulated dividends, coupons and other values of a similar nature.
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Examples of Policy Values in a sentence

  • However, there is no guarantee that the Dollar Cost Averaging program will result in higher Policy Values.

  • This Policy provides Policy Values which may be available to you for partial surrender, loans or full surrender.

  • A detailed statement of the method of computation of Policy Values under the Policy has been filed with the insurance department of the state in which the Policy was delivered, if required.

  • The portion of a premium paid that is credited to the policy as described in the Policy Values section.

  • Accumulation Value The sum of (1) the Fixed Account Value plus (2) the Separate Account Value plus (3) the Loan Account Value under this Policy, as described in the "Policy Values Provisions".

  • A detailed statement of the method of computing reserves and Policy Values has been filed with the insurance supervisory official of that jurisdiction.

  • Charges to Policy Values Charges and deductions made according to this Policy's provisions will be deducted from the Separate Account Value and the Fixed Account Value in the same proportion that these Values bear to the sum of the Fixed Account Value and the Separate Account Value on the date of the deduction.

  • Computation of Policy Values For each person insured, Administrator shall compute policy values set forth in the attached Schedule C.

  • Policy Values will be reduced by the total Surrender Charge only if the policy terminates at your request or lapses, as described in the Lapse provision.

  • In accordance with Board Policy, Values Statement B-104, certain fundamental values characterize the institution in which we work and guide us in the accomplishment of this mission.

Related to Policy Values

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Benefit Amount shall have the meaning set forth in Section 20.12 hereof.

  • Cash Value Insurance Contract means an Insurance Contract (other than an indemnity reinsurance contract between two insurance companies) that has a Cash Value greater than $50,000.

  • Worst Value means, in respect of a ST Valuation Date, the RI Value for the Reference Item(s) with the lowest or equal lowest RI Value for any Reference Item in the Basket in respect of such ST Valuation Date.

  • Company Value means the actual value of the Company as a going concern based on the difference between (a) the actual value of all of its assets as determined in good faith by the Board, including a majority of the Independent Directors, and (b) all of its liabilities as set forth on its balance sheet for the period ended immediately prior to the determination date, provided that (i) if the Company Value is being determined in connection with a Change of Control that establishes the Company’s net worth, then the Company Value shall be the net worth established thereby and (ii) if the Company Value is being determined in connection with a Listing, then the Company Value shall be equal to the number of outstanding Common Shares multiplied by the Closing Price of a single Common Share averaged over a period of 30 trading days during which the Shares are listed or quoted for trading after the date of Listing. For purposes hereof, a “trading day” shall be any day on which the NYSE is open for trading, whether or not the Common Shares are then listed on the NYSE and whether or not there is an actual trade of Common Shares on any such day. If the holder of Convertible Shares disagrees as to the Company Value as determined by the Board, then each of the holder of Convertible Shares and the Company shall name one appraiser and the two named appraisers shall promptly agree in good faith to the appointment of one other appraiser whose determination of the Value shall be final and binding on the parties as to the Company Value. The cost of such appraisal shall be split evenly between the Company and the Advisor.