Category Archives: A – Asuransi Jiwa

Accumulation at interest dividend option

A dividend option in wich the insurer retains the policy dividends on deposit to accumulate at interest

accumulation value

In reference to a deferred annuity, the amount paid for the annuity, plus interest earned, less the amount of any withdrawals and fees

Accumulation period

The time period between the issue date and the annuity contract’s periodic income payments begin

Accumulation unit

An ownership share in a selected sub account of a separate account held during the accumulation period of a variable deferred annuity

Accumulation value

The value paid for the deferred annuity plus interest earned, less the amount of any withdrawals or fees

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