Common use of Excess Withdrawal Clause in Contracts

Excess Withdrawal. After the withdrawal age as shown on the Data Pages, the portion of all Withdrawals by a Certificate Owner during a Withdrawal Year that is in excess of the Withdrawal Guarantee.

Appears in 3 contracts

Sources: Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co), Group Guaranteed Income Annuity Contract (Genworth Life & Annuity Insurance Co)

Excess Withdrawal. After the withdrawal age as shown on the Data Pages, the portion of all Withdrawals by a Certificate Owner during a Withdrawal Year that is in excess of the Withdrawal Guarantee.

Appears in 1 contract

Sources: Annuity Certificate (Genworth Life & Annuity Insurance Co)