Valuation Period definition
Examples of Valuation Period in a sentence
This will be done by dividing the amount allocated to, or withdrawn from, the Variable Investment Option by the dollar value of one Accumulation Unit of the Variable Investment Option as of the end of the Valuation Period during which the request for the transaction is received at our home office.
Subsequent Accumulation Unit Values for each Variable Investment Option are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Variable Investment Option for the current period.
If the Participant dies prior to the Annuity Date, the death benefit will be the greater of: the Participant’s purchase payments, less any withdrawals and Withdrawal Charges; or, the participant’s Adjusted Account Value determined as of the Valuation Period during which we receive both due proof of death and an election for the payment period.
Amounts eligible for transfer will be determined as of the end of the Valuation Period during which the request for transfer is received at our home office.
The death benefit will be the greater of: the purchase payments, less any withdrawals and Withdrawal Charges; or, Adjusted Account Value determined as of the Valuation Period during which we receive both due proof of death and an election for the payment period.