Cash Surrender Value. The Cash Surrender Value of this Policy is equal to the Policy Value less the sum of any Policy Debt and the surrender charge. The surrender charge will not exceed the maximum shown on the Policy Schedule Pages (page 4).
Appears in 4 contracts
Samples: Individual Flexible Premium Variable Adjustable Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)
Cash Surrender Value. The Cash Surrender Value of this Policy is equal to the Policy Value less the sum of any Policy Debt and the surrender charge. The surrender charge will not exceed the maximum shown on the Policy Schedule Pages (page 4)Debt.
Appears in 2 contracts
Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)
