Sentences with phrase «upon surrender if»

A policy service charge of $ 30 is not included in these charges, but will be deducted from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the Accumulation Value is less than $ 100,000.00.

A policy service charge of $ 30 is not included in these charges, but will be deducted each year from the policy's Accumulation Value on the policy anniversary and upon surrender if on that date the accumulation value is less than $ 100,000.00.

Not exact matches

If any Shares remain outstanding after the date of termination, the Trustee thereafter shall discontinue the registration of transfers of Shares, shall not make any distributions to Shareholders, and shall not give any further notices or perform any further acts under the Trust Agreement, except that the Trustee will continue to collect distributions pertaining to Trust assets and hold the same uninvested and without liability for interest, pay the Trust's expenses and sell Bitcoins as necessary to meet those expenses and will continue to deliver Trust assets, together with any distributions received with respect thereto and the net proceeds of the sale of any other property, in exchange for Shares surrendered to the Trustee (after deducting or upon payment of, in each case, the fee to the Trustee for the surrender of Shares, any expenses for the account of the Shareholders in accordance with the terms and conditions of the Trust Agreement, and any applicable taxes or other governmental charges).

«This measure also gives our state's court system better guidelines and provides for both the surrender of firearms upon a domestic violence crime and a provision to return the firearms if the order of protection is lifted.»

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.

If a policy of insurance has been or shall be effected by any person on his own life or upon the life of another person, the policyowner shall be entitled to any accelerated payments of the death benefit or accelerated payment of a special surrender value permitted under such policy as against the creditors, personal representatives, trustees in bankruptcy and receivers in state and federal courts of the policyowner.

On the other hand, if you own permanent life insurance, the policy may have a cash surrender value (CSV), which you can receive upon surrendering the insurance.

IF HHPR IS ACCEPTING NEW ADMISSIONS: We must charge a $ 40 surrender fee to cover the cost of tests and parasite treatment upon entry.

If you are unable to get your dog up - to - date on vaccinations and spayed / neutered, please consider a monetary donation upon surrendering your dog to help cover part of these costs.

The life insurance cash value is the amount of money you are given if you cancel (surrender) the policy before you die, while the face amount (death benefit) is the amount your beneficiaries will be paid upon your death.

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.»

Taking a policy loan could have adverse tax consequences if the policy terminates upon lapse or surrender or before the insured's death.

In just one section, titled: Federal Tax Lien, the article states: «Section 6321 of the Internal Revenue Code imposes a tax lien «upon all property and rights to property, whether real or personal,» belonging to a taxpayer, if he or she neglects or refuses to pay any taxes, including cash surrender values of insurance policies.»

The two main reasons you might not want to change policies are surrender charges (only in permanent plans such as whole life or universal life), and your new policy will likely contain a new two year contestable period, which means the company could potentially weasel out of paying the life insurance proceeds upon your death if you die within 2 years of purchasing the policy and they find that you answered questions fraudulently on your application.

If Sheila didn't have the loan, she would receive $ 105,000 upon surrender of the policy; with the loan, she will only receive $ 75,000, because the remaining $ 30,000 will be used to repay the outstanding loan.

As per IRDAI regulations, no surrender charges are levied upon policies if the policyholder chooses to surrender the policy after five years.

VSRB is paid only if applicable, and its value is equal to the product of accrued bonuses and surrender value factor, the latter depends on the year of surrender and minimum (surrender upon completion of 3 years) is 15.28 %, the factor goes on increasing as years increase.

Surrender / Discontinuance Charge: The applicable surrender charges depending upon the year of surrender and are applicable if the policy is discontinued in first 4 poliSurrender / Discontinuance Charge: The applicable surrender charges depending upon the year of surrender and are applicable if the policy is discontinued in first 4 polisurrender charges depending upon the year of surrender and are applicable if the policy is discontinued in first 4 polisurrender and are applicable if the policy is discontinued in first 4 policy years.

However, if this Policy has acquired a Surrender Value and upon non-payment of the overdue Premiums by You till the expiry of the grace period as specified in Section 9.10 above, then, this Policy shall not lapse and shall by default become a Policy under Reduced Paid Up Mode.