Sentences with phrase «available upon surrender»
It states: «Guaranteed death benefits and values available upon surrender, if any, for the illustrated premium outlay or contract premium shall be shown and clearly labeled guaranteed... The guaranteed elements, if any, shall be shown before corresponding non-guaranteed elements and shall be specifically referred to on any page of an illustration that shows or describes only the non-guaranteed elements.»
http://www.glenndaily.com/ Not exact matches
A MYGA with a Market Value Adjustment would increase / decrease the amount of money available upon premature surrender if interest rates have decreased / increased since purchase.
The amount (stated in the policy) that is available in cash upon the surrender of a policy for cancellation before or after the policy matures.
The amount (stated in the policy) that is available in cash upon the surrender of a policy for cancellation before or after the policy matures.
Cash surrender value is the accumulated portion of a permanent life insurance policy's cash value that is available to the policyholder upon surrender of the policy.
CASH SURRENDER VALUE: The amount available in cash upon surrender of a life insurance policy before it matures as a death claim or oSURRENDER VALUE: The amount available in cash upon surrender of a life insurance policy before it matures as a death claim or osurrender of a life insurance policy before it matures as a death claim or otherwise.