If you are beyond your free - look period but miles away from the end of your surrender period, you are basically hosed, as my neighbors to the north say. (cnbc.com)
This value grows at a stated percentage rate and can provide an increase to the contract value at the earlier of the first owner's death or at the end of the surrender period. (globalatlantic.com)
At the end of the surrender period, the money is fully available to you, or you can transfer it to another annuity and hopefully at a higher rate. (marketwatch.com)