Rider Fee definition

Rider Fee means the fee being assessed the contract owner for coverage under a Rider as defined in the "Benefit Summary Page" attached to and made a part of the Variable Annuity Contract.
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Examples of Rider Fee in a sentence

  • The pro-rated Rider Fee will be equal to the number of full months from the Contract anniversary to the date of withdrawal, divided by twelve, multiplied by the Rider Fee percentage, with the result multiplied by the Income Base immediately prior to withdrawal.

  • In the case of a full withdrawal of the Contract Value on any date other than a Contract anniversary, we will deduct a Rider Fee from the amount paid upon withdrawal.

  • The Rider Fee will be pro-rated to cover the period from the last Contract anniversary to the date of withdrawal.

  • The Income Base is used solely for the purpose of calculating the amount of the Guaranteed Retirement Income Benefit and the Rider Fee.

  • Once this rider is issued, the Rider Fee percentage will not change.

  • Beginning with the first Contract anniversary after the Rider Date, an annual Rider Fee will be deducted on a pro-rata basis from each of the Sub-accounts of the Variable Account in the proportion that your value in each bears to your total value in all Sub-accounts of the Variable Account.

  • The Rider Fee percentage for this rider is shown on page 1 of this rider.

  • The Rider Fee is calculated as follows: o For the first Contract anniversary following the Rider Date, the Rider Fee is equal to the number of full remaining months from the Rider Date to the Contract anniversary, divided by twelve, multiplied by the Rider Fee percentage, with the result multiplied by the Income Base calculated as of such Contract anniversary.

  • The Rider Fee for each rider you elect is shown on the Specifications Pages or in the Rider.

  • The Rider Fee is calculated as follows: * For the first Contract anniversary following the Rider Date, the Rider Fee is equal to the number of full remaining months from the Rider Date to the Contract anniversary, divided by twelve, multiplied by the Rider Fee percentage, with the result multiplied by the Income Base calculated as of such Contract anniversary.

Related to Rider Fee

  • Provider fee means the consideration paid for a service contract.

  • User Fee means all charges, costs, fees, tariff and other amounts by whatever name called, collected by the Developer from the users, pursuant to this Agreement, for usage of the Project.

  • Developer Fee means the fee earned by the Developer.

  • Annual User Fee – shall mean the fee established by the District for any person that is not a member and wishes to become a Non-Resident Member. The amount of the Annual User Fee is set forth herein, and that amount is subject to change based on Board action.

  • User fees or "tolls" means the rates, tolls, fees, or