Common use of WITHDRAWAL VALUE Clause in Contracts

WITHDRAWAL VALUE. The Withdrawal Value at any time will be the Contract Value less: (1) any Premium Taxes due or paid by the Copmany; (2) any Anual Adminsitrative Fee; and (3) any Withdrawal Charges.

Appears in 2 contracts

Sources: Flexible Premium Deferred Variable Annuity Contract (Variflex), Flexible Premium Deferred Variable Annuity Contract (Variflex)

WITHDRAWAL VALUE. The Withdrawal Value at any time will be the Contract Value less: (1) any Premium Taxes due or paid by the CopmanyCompany; (2) any Anual Adminsitrative Annual Administrative Fee; and (3) any Withdrawal Charges.and

Appears in 1 contract

Sources: Group Flexible Premium Deferred Variable Annuity Contract (Variflex)