Common use of Surrender Charge Clause in Contracts

Surrender Charge. The charge associated with surrendering either some or all of the Contract Value. The Surrender Charge schedule is stated on the Data Page and is expressed as a percentage of the Contract Value withdrawn.

Appears in 1 contract

Sources: Single Premium Deferred Variable Annuity Contract (MEMBERS Life Insurance Co)

Surrender Charge. The charge associated with surrendering either some or all of the Contract Value. The Surrender Charge schedule Schedule is stated on the Data Page and is expressed as a percentage of the Contract Value withdrawnshown in Section 1.06.

Appears in 1 contract

Sources: Variable Annuity Contract (MEMBERS Horizon Variable Separate Account)

Surrender Charge. The charge associated with surrendering either some or all of the Contract Value. The Surrender Charge schedule Schedule is stated on the Data Page and is expressed as a percentage of the Contract Value withdrawn.shown in Section 1.06

Appears in 1 contract

Sources: Variable Annuity Contract (MEMBERS Horizon Variable Separate Account)

Surrender Charge. The charge associated with surrendering either some or all of the Contract Value. The Surrender Charge schedule Schedule is stated on the Data Page and is expressed as a percentage of the Contract Value withdrawnshown in Section 1.02.

Appears in 1 contract

Sources: Annuity Contract (MEMBERS Life Insurance Co)