Topical Terminology > Accumulation Period
Accumulation Period
For Accumulation Period we have terms and definitions in 2 topics. The topics are Employee Benefits and Securities.
Accumulation Period (Employee Benefits) 
A period that calls for an insured individual to incur eligible medical expenses that are equal to a deductible. This sets forth a benefits period under a major medical expense or comprehensive medical plan.
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Accumulation Period (Securities)
For a variable annuity, the time from when the first payment into the annuity is made to when the first annuity payment is made.
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