Sentences with phrase «full contract value»

The death benefit on most equity - indexed annuities is equal to the full contract value, i.e. premium plus accrued gains compounded annually minus any prior withdrawals, calculated as of the date of death, or in some cases, as of the last contract anniversary.

In addition, the futures investor does not have to pay any interest on the difference between the margin and full contract value.

Not exact matches

Currently, a company bidding for a Government of Canada defence contract must prove that it will spur business activities in Canada (or «offsets») worth the full value of that contract.

And with two full seasons to go on a contract extension that pays him a total of $ 39.5 million in 2013 and» 14, he may never again have more trade value.

Health minister Lord Hunt said: «There is considerable potential for the consultant contract to further improve the management of consultant time and deliver full value for money to the NHS.

CCGs did disclose the full value of 1349 contracts worth # 10bn in total.

We've already nailed down the two - year contract pricing for both Classic and Value plans for the Galaxy Note launching tomorrow — unfortunately, we were still waiting for full retail pricing for those of you like myself who just can't stomach a contract.

As investors will not actually own Bitcoin itself, there is no need for the full value of the purchase to be paid in advance of the contract expiry date.

Once the Personal Income Benefit has become active, employees can not withdraw amounts from the Personal Income Benefit account value until the Personal Income Benefit has been active for at least one full contract year.

After a full contract year, an employee can request to transfer amounts out of the Personal Income Benefit, causing an early withdrawal which will significantly reduce or eliminate the value of the Personal Income Benefit.

While some types of annuities allow portions of the account value to be withdrawn for income needs, annuity owners typically can't withdraw the full account value in the early years of the contract without potentially paying a withdrawal charge.

Fixed annuities offer a standard death benefit of a lump sum payment or withdrawals under an income option of the full value of the contract at time of death.

If the appraiser values the home lower than the amount the borrower has have contracted for, then the borrower will be unable to secure the full mortgage.

Gain on a full surrender Gain on partial distributions IRA distributions TSA / ORP distributions Correction of excess contributions to IRAs Conversion of IRA assets to a Roth IRA Gain on surrender of Paid Up Additions (PUAs)(Note: Automatic surrender of PUAs for Value Pay is not a taxable event) Processing of Non-Forfeiture Option (NFO) to Extended Term Insurance (ETI) or Reduced Paid Up (RPU) Interest earned on dividend accumulations Loan on a MEC Dividend used to reduce loan interest on a Modified Endowment Contract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does nContract (MEC) Dividend used to reduce loan on a MEC Compound of loan interest on a MEC Gain recognized on lapsed contract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does ncontract with a loan Collateral assignment on a MEC Non-qualified Annuity (NQA) Collateral Assignments Special interest paid on money held too long Interest earned on advance premiums 1035 exchange without paying off loan first Earnings on non-individual owner contracts for which an exception under section 72 (u) of the Internal Revenue Code does not apply

The term includes any contract in the form of a bailment or lease if the bailee or lessee contracts to pay as compensation for use a sum substantially equivalent to or in excess of the aggregate value of the property or services involved and it is agreed that the bailee or lessee may become for no other or a nominal consideration the owner of the property upon full compliance with the bailee's or lessee's obligations under the contract.

Policyholders retain full control of the assets covered by the guarantee; however, the contract establishes a guaranteed stream of lifetime income if the value of the covered account is depleted through withdrawals or poor market performance.

Full retail value net metering is being rolled back in other countries as it is seen as an overly generous incentive for solar and so consumers should lock in their 20 year net metering contract by installing solar panels as soon as they can.

«It helps us think about who is the right person to review specific agreements and, if it's low value, low risk, whether the contract needs a full legal review or could be handled by a contract manager or paralegal, or eventually a non-human review,» says Mr Tomlinson.

He often deals with insurance and reinsurance claims, particularly high value pharmaceutical and products - liability claims, including many arbitrations raising a full range of issues concerning the validity and application of insurance and reinsurance contracts, especially (but not only) the Bermuda Form.

We provide a full range of legal and regulatory services to insurance companies, broker - dealers and service providers relating to the design, marketing, and sale of variable insurance products, individual and group annuities, fixed indexed annuities, market - value - adjustment products, synthetic annuities, BOLI, funding agreements, stable value wrap contracts, and other innovative products.

The application Judge held that the answer to the Question was a material misrepresentation because the contract between Robinson and KLM provided liability for the full value of the shipment lost, and this exceeded the limited liability under the Uniform Conditions of Carriage pursuant to the Carriage of Goods, O. Reg.

Under the insurance contract KLM was required to maintain insurance coverage and was liable for the full value of any shipments lost or destroyed.

It turns out that the full death benefit will stay in force for decades with no premium even though there's currently a zero dollar cash value and the contract is fairly new.

When the fund value reaches an amount equivalent to one full year's premium, the contract shall be terminated by paying the fund value.

The most common type of guarantee is a death benefit guarantee which guarantees that upon your death the greater of the current contract value or the full amount of your contributions (minus any withdrawals) will be paid out to your beneficiary.

However, you are penalized if you terminate the contract earlier than its full term and the value of the policy is reduced as you age.

A replacement cost clause is a clause in an insurance contract that states that the full replacement value will of an item will be reimbursed in the event of a total loss.

A modified endowment contract is a cash value life insurance contract in the United States where the premiums paid have exceeded the amount allowed to keep the full tax treatment of a cash value life insurance policy.

According to the Insured Retirement Institute, a process called commutation in some contracts allows you to terminate VAs within a certain time period and receive the full value of the undistributed payments.

We also noted how important it is for buyers to be smart with their service contracts in order to take full advantage of the value afforded by the Nexus 5.

«We expect that it will take some time, just like the trajectory of Bitcoin, before you see smart contracts being utilized to their full potential... If these cryptocurrencies (bitcoin and ether — CoinFox) continue to grow in value, you will see smart contract uses grow in tandem,» CoinJournal quotes Trevor Altpeter.

Whether it's landing a full - time role with the same employer, having former managers and co-workers who can vouch for your performance, or having a happy former client who can attest to your value as a contractor, putting in the effort during a contract role will help set you up for success after your contract expires.