Sentences with phrase «of the surrender charge period»

In addition, there is no window at the end of the surrender charge period, during which time owners are generally required to make a decision prior to a restart of surrender charges.

The share classes differ in the fees, duration of the surrender charge period and how the sales charges are structured.

The share classes differ in the fees, duration of the surrender charge period and how the sales charges are structured.

There is a choice of a five -, seven - or nine - year surrender charge period and the contract offers a variety of ways for your client to access funds before the end of the surrender charge period without paying a surrender charge.

We see three regimes in the study window: surrenders at the shock duration (the year following the end of the surrender charge period) were nearly 30 % at the onset of the 2008 economic crisis; shock rates below 10 % were observed during 2016; and otherwise a post-crisis regime has prevailed, with shock rates in a range of 12 - 16 % from 2009 through mid-2015 and 13 % so far in 2017.

Yes, you can cash it in at any time, do 1035 exchanges, etc., but before the end of the surrender charge period you will pay a fee that compensates the insurance company for the amortized value of the large commission that they paid the agent that sold you the policy.