Sentences with phrase «surrender period ends»

At that point the surrender period ends and the annuity owner can withdraw funds without penalty.

When the surrender period ends, usually after seven to 10 years, there is no surrender charge.

After the surrender period ends, you can typically take out a loan against a portion of the available cash value.

The surrender period ended on 2/2016.

Not exact matches

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.

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.

If your client waits until after the chosen surrender charge period (either six or eight years) to take a withdrawal, the account value will be compared to the GMAV at the end of the withdrawal charge period.

At the end of the accumulation period, you can receive the principal and any earnings in one lump sum when the contract is surrendered (i.e., cashed in), or you may be able to exchange the deferred annuity for an immediate annuity.

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.

In this case, the guaranteed rate will be in effect for only a few years, after which you'll earn the renewal rate until the surrender charge period ends.

A feature of a Multi-Year Guaranteed Annuity (MYGA) that affects the amount of money you can take out of the contract if surrendered before the end of the locked - in period.

At the end of each guarantee period, new interest rate guarantee periods and surrender - charge periods automatically begin.1 During the first 30 days of each subsequent surrender - charge period, your client may withdraw some or all of their funds without a surrender charge.

Also, if you take withdrawals before the surrender period established by the policy ends you may have to pay a penalty for early withdrawal.

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.

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.

At the beginning of the index term that follows the end of the Marketing Value Adjustment (MVA) period, the annuity fund value is assured to reach the guaranteed minimum accumulation value, which is 105 %, 107 % and 110 % of original premium (net of withdrawals and applicable surrender charges) for the ISA 5, ISA 7 and ISA 10 respectively.

At the end of the guarantee period, if only the required premium has been paid, the policy may lapse for insufficient cash surrender value.

If the annuity payments begin prior to the end of the Surrender Charge Period, Surrender Charges may apply, depending on the payment option selected.

This deferred annuity offers a variety of ways for your client to access funds before the end of the surrender - charge period without paying a surrender charge.

If you cooperate with your trustee by surrendering your assets and paying your contributions, then your trustee will issue a letter of discharge at the end of the agreed period and it will be recorded in the Register of Insolvencies.

Our deferred annuities offer several ways to withdraw funds during the surrender - charge period without ending the contract or paying surrender fees.

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.

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.

What makes these an attractive option over traditional LTC is they provide monies to beneficiaries if the LTC benefits are not needed and even an option for full return of premium at the end of the surrender period.

There is a choice of a five - or seven - 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.

I agree to surrender the foster animal (s) to AHC at the end of the foster care period or immediately upon request.

In addition, HB 515 establishes a holding period for both stray animals and those surrendered by their families, it gives the person surrendering the animal the ability to change their mind and reclaim the animal, it bifurcates the holding period to incentivize adoptions and rescue transfers, it allows «shelters» to transfer animals to rescue groups right away to free up cage and kennel space thus reducing costs while increasing lifesaving, it mandates prompt and necessary care and environmental enrichment, and for those who are irremediably suffering, rigorously defined, it puts in place a mechanism to end their lives in as kind and compassionate a manner as possible and one that meets the dictionary definition for «euthanasia.»

The bill sets minimum standards for shelters, including a modest holding period, a ban on the gas chamber, a ban on heart sticking, a ban on killing with empty cages, a ban on killing when rescue groups are willing to save those animals and an end to the practice of killing «owner surrendered» animals within minutes without ever giving them a chance at adoption.

This report does not account for the surrender of allowances at the end of the third compliance period and without that information it is not possible to calculate the number of compliance entity allowances.

This report could not include the number of allowances that had to be surrendered for the entire third compliance period because the 2017 emissions were not finalized until the end of January 2018.

If the policyholder cancels the policy before the end of the surrender period, it is not likely the policyholder will receive any amount of the cash value because these costs are incurred by the insurance company to set up the policy.

If you are nearing the end of your initial term period and want to lock in a rate that won't change for another predetermined number of years, it might benefit you to apply for a new policy and replace, or surrender, the old one.

On the other hand, there's the back - end type of policy where a substantial charge is deducted once you surrender the policy before a specified period, around 10 years but can be twice as long.

Gives you the option to surrender your policy for cash value at the end of the level premium period

If the annuity payments begin prior to the end of the Surrender Charge Period, Surrender Charges may apply, depending on the payment option selected.

Insurers may give an opportunity for revival within the period allowed; if the policy is not revived within that period, surrender value shall be paid at the end of third policy anniversary or at the end of the period allowed for revival, whichever is later.

Surrender charges are back - end fees calculated as a percentage of the amount withdrawn that is in excfter the surrender charge period is over, your full accumulation value may be available to you without any surrenderSurrender charges are back - end fees calculated as a percentage of the amount withdrawn that is in excfter the surrender charge period is over, your full accumulation value may be available to you without any surrendersurrender charge period is over, your full accumulation value may be available to you without any surrendersurrender charges.

Surrender Period Unlike paying a surrender charge to end a life insurance contract, a surrender period is a time when that fee will not beSurrender Period Unlike paying a surrender charge to end a life insurance contract, a surrender period is a time when that fee will not be apPeriod Unlike paying a surrender charge to end a life insurance contract, a surrender period is a time when that fee will not besurrender charge to end a life insurance contract, a surrender period is a time when that fee will not besurrender period is a time when that fee will not be apperiod is a time when that fee will not be applied.

b) Discontinuance after 5 years of commencement — At the end of the period allowed for revival, the contract shall be terminated by paying the surrender value.

The surrender charge is the percentage of your cash value that the carrier keeps if you cancel your coverage before the end of the surrender period.

The surrender value is the actual amount of money you will receive if you cancel your policy before the end of the surrender period.

If you cash in the policy during the surrender period listed in the contract, you may end up with much less than you expect due to the fees charged by the insurer for early termination.

Also, if you take withdrawals before the surrender period established by the policy ends you may have to pay a penalty for early withdrawal.

You can also have surrender penalties or surrender charges to the cash value if you surrender your policy before the end of the «surrender charge period».

A Surrender Charge is levied on policies that are surrendered or discontinued before the end of the lock - in period of the first five years.

The discontinuance value as at the end of the lock - in period will be paid to you as surrender benefit.

It will also be terminated on the payment of the last monthly income at the end of the benefit pay - out period; or on the date on which the policy is surrendered.

The discontinuance value as at the end of the lock - in period will be available to you as surrender value.

AT the end of the Accumulation Period, the Guaranteed Surrender Value becomes 85 % of the basic Sum Assured.

If an annuity is surrendered voluntarily, prior to the end of the lock - in period, the bonus and any interest earned on the bonus will be deducted from the surrender value.