Sentences with phrase «surrender schedule»

The cash value can continue to grow, and you can take distributions as desired, subject to the contract surrender schedule.

The cash value can continue to grow, and you can take distributions as desired, subject to the contract surrender schedule.

Under the cash option or the premium reduction option, the policyowner's net premiums effectively decline over time (because the dividend level generally increases) while the death benefit remains level and the cash surrender schedule remains fixed.

Every plan defines a unique surrender schedule.

For a specific example of the cash growth of a ROP policy see, ROP cash surrender schedule.

Withdrawals are often also subject to a small charge in addition to the surrender schedule.

VA share classes, which include B, C and L, are usually linked to the length of the contract's surrender schedule.