Definitions for "Accumulation phase"
The period between the issue date and the annuity date.
The phase in which you pay into your annuity. You can either contribute a lump sum of money or make payments into your annuity over time.
The period when the owner of a deferred annuity makes payments into the contract and accumulates assets.
Keywords:  ratio, acid, test
Acid Test Ratio
The period of the policy during which cash value is accumulated through premium payments and investment return.