What does accumulation period mean?

accumulation period meaning in Law Dictionary

the total amount of time insurance coverage is full with no even more statements may be made. Or even the time whenever an annuitant tends to make a payment toward annuity guarantor.


accumulation period meaning in Business Dictionary

1. Period specified in an insurance policy after which it it comes into force, and during which no-claim is made beneath the policy. 2. Stage that an annuitant makes payments into annuity guarantor.


accumulation period meaning in Insurance Dictionary

In life insurance policies, enough time during which an annuitant makes premium repayments.