Rider Effective Date definition

Rider Effective Date. [September 1, 2014]
View Source
Rider Effective Date. [ The Contract’s Issue Date. ] —or— [ June 1, 2016 ] Rider Purchase Age Limits on the Rider Effective Date: We will not issue a rider with the Benefit described herein if any Covered Person is younger than Age [ 60 ] or older than Age [ 80 ]. Annual Benefit Cost on the Rider Effective Date: [ 1.20% ] (Guaranteed for the first fee calculation date after the Rider Effective Date. May be changed as stated in the Rider’s ‘Benefit Cost’ provision, subject to the Maximum Annual Benefit Cost shown below.)
View Source
Rider Effective Date. The Contract’s Issue Date (called the “Issue Date” in this rider.
View Source

Examples of Rider Effective Date in a sentence

  • The effective date of this rider is the Rider Effective Date shown on the Contract Schedule.

  • The policy’s Time Limit On Certain Defenses provision will apply to this rider as of the Rider Effective Date.

  • A Joint Designated Life may be removed due to divorce but otherwise may not be added or changed after the Rider Effective Date.

  • A Designated Life may be removed due to divorce but otherwise may not be added or changed after the Rider Effective Date.

  • A Designated Life may not be added or changed after the Rider Effective Date.

  • Beginning three months after the Rider Effective Date, and every three months thereafter, an amount equal to one quarter of the Annual Rider Charge will be multiplied by the greater of the Contract Value or the Benefit Base on the date of the charge.

  • Any Purchase Payments made after the second Contract Year following the Rider Effective Date may reduce the value of the benefit under this rider.

  • The current charges for this option will be those current charges in effect as determined by the Company as of the applicable Rider Effective Date.

  • The charge for this Contract Year will be prorated based on the number of days between the Rider Effective Date and the next Contract Anniversary.

  • If the Rider Effective Date is after the Contract Issue Date, the period between the Rider Effective Date and the next Contract Anniversary will constitute the first Contract Year.


More Definitions of Rider Effective Date

Rider Effective Date. [February 1, 2015] ADDITIONAL PURCHASE PAYMENT PERIOD: [12] months BENEFIT PERIOD: [10] years RIDER ANNIVERSARY PERCENTAGE: [90%] FIRST OPTIONAL RESET ELIGIBILITY DATE: The [1/st/] Rider Anniversary following the Rider Effective Date LAST OPTIONAL RESET ELIGIBILITY DATE: The earlier of the Rider Anniversary following the [80/th/] birthday of the oldest Owner (or Annuitant in the case of a non-natural Owner), or the last Rider Anniversary prior to the Benefit Date.
View Source
Rider Effective Date. - means the date on which coverage under any applicable Riders shall begin. The coverage applied for begins at 11:59 P.M. on the date the enrollment form is signed by the Certificate holder requesting Rider coverage, provided the Company has approved the issuance of the Rider and has received the required premiums.
View Source

Related to Rider Effective Date

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Contract Effective Date ’ means the date agreed upon by the parties for be- ginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or des- ignated higher approval authority signs the document. Costs incurred be- fore the contract effective date are un- allowable unless they qualify as precontract costs (see FAR 31.205–32) and the clause prescribed at 1831.205–70 is used.

  • Merger Effective Date means the date on which the Merger becomes effective.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.