Common use of Surrender Benefit Clause in Contracts

Surrender Benefit. 3.4.1. This Policy does not acquire any surrender value throughout the Policy Term and therefore, there is no amount payable to You upon surrender of this Policy. This Policy and all the rights under this Policy shall extinguish on surrender of this Policy.

Surrender Benefit. 3.4.1. This Policy does not acquire any surrender value throughout the Policy Term and therefore, therefore there is no amount payable to You upon surrender of this Policy. This Policy and all the rights under this Policy shall extinguish on surrender of this Policy.