Surrender Benefit. Upon surrender, the Surrender Benefit is paid in one lump sum. The total Surrender Benefit payable is the sum of the following: a) the guaranteed Surrender value; and b) performance bonus (if any); and c) monthly income deposited with Us with non-guaranteed interest (if any); less any amounts owing to Us.
Appears in 2 contracts
Sources: Policy Contract, Policy Contract
Surrender Benefit. Upon surrender, the Surrender surrender Benefit is paid in one lump sum. The total Surrender surrender Benefit payable is the sum of the following:
a) the guaranteed Surrender value; and
b) performance bonus (if any); and
c) monthly income deposited with Us with non-guaranteed interest Surrender value (if any); less any amounts owing to outstanding amount that You still owe Us.
Appears in 2 contracts
Sources: Policy Contract, Insurance Policy Agreement
Surrender Benefit. Upon surrender, the Surrender surrender Benefit is paid in one lump sum. The total Surrender surrender Benefit payable is the sum of the following:
a) the guaranteed Surrender value; and;
b) performance Surrender value of accumulated reversionary bonus (if any); and
c) monthly income deposited with Us with non-guaranteed interest performance bonus (if any); ) less any amounts owing to Us.
Appears in 2 contracts
Sources: Insurance Agreement, Policy Contract
Surrender Benefit. Upon surrender, the Surrender surrender Benefit is paid in one lump sum. The total Surrender surrender Benefit payable is the sum of the following:
a) the guaranteed Surrender value; and;
b) Surrender value of reversionary bonus (if any);
c) performance bonus (if any); and
cd) monthly income deposited with Us with any re-invested yearly cash Benefits and any non-guaranteed interest (if any); not previously withdrawn) less any amounts owing to outstanding amount that You still owe Us.
Appears in 2 contracts
Sources: Enrich Rewards Agreement, Policy Contract
Surrender Benefit. Upon surrender, the Surrender surrender Benefit is paid in one lump sum. The total Surrender surrender Benefit payable is the sum of the following:
a) the guaranteed Surrender value; and;
b) performance Surrender value of reversionary bonus (if any); and
c) monthly income deposited with Us with non-guaranteed interest performance bonus (if any); ) less any amounts owing to outstanding amount that You still owe Us.
Appears in 2 contracts
Sources: Insurance Policy Agreement, Policy Contract
Surrender Benefit. Upon surrender, the Surrender Benefit is paid in one lump sum. The total Surrender Benefit payable is the sum of the following:
a) the a guaranteed Surrender value; and
b) performance reversionary bonus Surrender value (if any); and
c) monthly income deposited with Us with non-guaranteed interest performance bonus (if any); less any amounts owing to Us.
Appears in 1 contract
Sources: Insurance Policy
Surrender Benefit. Upon surrender, the Surrender Benefit surrender benefit is paid in one lump sum. The total Surrender Benefit surrender benefit payable is the sum of the following:
a) the guaranteed Surrender surrender value; and
b) performance bonus (if any); and
c) monthly income deposited with Us with non-guaranteed interest surrender value (if any); less any amounts outstanding amount owing to Us.
Appears in 1 contract
Sources: Insurance Agreement