Sentences with phrase «where surrender charges»

Large commissions on investments are only possible when there is a lock - in where surrender charges pay off the commission.

Not exact matches

An Oceanside, Long Island man surrendered this morning to face felony charges for allegedly stealing from the union where he was treasurer, Nassau prosecutors said.

Executive Director Dick Dadey, 59, surrendered at the 84th Precinct, where he is expected to receive a desk appearance ticket on misdemeanor charges of criminal possession of a controlled substance, sources said.

When I worked at a life insurer that was in the pension business, we would sometimes get asked to quote on business where termination of the existing plan would result in a surrender charge.

This is different from fixed - indexed or variable annuities, where you still have access to the principal (albeit, subject potentially to a surrender charge).

They would rather you buy a deferred annuity, where they can gain another commission when the surrender charge period is up, and roll you to a new product.

For example, negotiations over whether a defendant would surrender himself to authorities in a manner that would avoid an ugly, unexpected public arrest, or negotiations of a foreign defendant who might surrender himself to UK authorities in exchange for an agreement not to extradite to, e.g., the United States which has the death penalty or some other country where more serious charges are pending.

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.

If one finds oneself in a situation where one is stuck with a plan that is no more suitable, one can bear the surrender charges and rid oneself of such a policy.

If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Pension Discontinuance Policy Fund where it will earn a minimum of 4 % p.a. growth.

If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4 % p.a. growth.

If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinuance Policy Fund where it will earn a minimum of 4 % p.a. growth.

If the policyholder surrenders his policy before completing 5 policy years, then the fund value net discontinued charges shall be credited to the discontinued policy fund where it shall grow at an annual rate of 4 %.

In a case where the insured surrenders his plan before completing 5 years, then the fund value including the discontinuation charges will be added to discontinuation fund where it shall grow at a rate of 4 % annual.

If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Pension Policy Fund where it will earn a minimum of 4 % p.a. growth.

In case he / she surrenders it before 5 years, then discontinuation charges will be deducted from the total fund value and the remaining amount will be credited to the surrendered policy fund where a minimum of 4 % per annum growth will be earned.

In case the policy is surrendered prior to the completion of 5 years, the fund value net of discontinuation charge will be credited to the policy fund where a 4 % per annum growth is earned.

In case the insured surrenders his plan before completing 5 years, then the fund value net discontinuation charges shall be credited to his Discontinuation Policy Fund where it shall yearly grow at a minimum of 4 %.