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accumulation period
(redirected from Accumulation Periods)

   Also found in: Financial 0.01 sec.
accumulation period
Health insurance The period during which an insured incurs eligible medical expenses to satisfy a deductible. See Deductible.


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Old Mutual Financial Network introduced OM Income Advantage, which offers up to two 10-year accumulation periods currently offering 4% or 6% roll-ups, the ability to restart a roll-up period, and the flexibility to stop and start income payments at any time during the withdrawal period.
Series 1998-V class A certificateholders will receive monthly interest payments of 28 basis points above one-month LIBOR throughout the revolving and accumulation periods and on the scheduled payment date, provided an early payout event does not occur.
Subseries 1 class A and B certificateholders will receive monthly interest payments of one-month London Interbank Offered Rate (LIBOR) plus 1 and 13 basis points, respectively, throughout the revolving and accumulation periods and on the expected final payment date, provided an early amortization event does not occur.
 
 
 
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