Surrender Benefit. You may request to surrender Your policy for its account value any time after free look period, subject to surrender charge as set out at Fees and Charges Section below. We will pay You an amount equivalent to the value of the cancelled units at the unit prices of the respective fund(s) on the next valuation date after we receive your request, less any applicable charges. Your coverage will be terminated once You have surrendered Your policy. Please refer to the Fees and Charges section for more information.
Appears in 2 contracts
Sources: Investment Linked Insurance Policy Agreement, Policy Contract