Common use of Cash Surrender Value Clause in Contracts

Cash Surrender Value. The Cash Surrender Value is the amount of Proceeds payable if You Surrender this Contract during the Surrender Charge Period, and is equal to the greater of:

Appears in 4 contracts

Samples: Life Insurance Contract (Eagle Life Insurance Co), Life Insurance Contract (Eagle Life Insurance Co), Life Insurance Contract (Eagle Life Insurance Co)

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Cash Surrender Value. The Cash Surrender Value is the amount Account Value decreased by the balance of Proceeds payable if You any outstanding Policy Debt, increased by the Sales Load Refund at Surrender this Contract during the Surrender Charge Period, and is equal to the greater of:described in Section 1.

Appears in 2 contracts

Samples: Flexible Premium Variable Universal Life Insurance Policy (Sun Life (N.Y.) Variable Account J), Flexible Premium Variable Universal Life Insurance Policy (Sun Life of Canada U S Variable Account G)

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