Common use of Full Surrender Prior to the Annuity Commencement Date Clause in Contracts

Full Surrender Prior to the Annuity Commencement Date. At any time prior to the Annuity Commencement Date, You have the right to terminate the contract by submitting a written request to Us at the Administrative Office of the Company. In such event, the Surrender Value of the contract may be taken in the form of a cash settlement. The Surrender Value of the contract is equal to the Contract Value less:

Appears in 8 contracts

Samples: Individual Flexible Premium Variable Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account One), Individual Flexible Premium Variable Annuity Contract (Talcott Resolution Life & Annuity Insurance Co Separate Account Seven), Individual Flexible Premium Variable Annuity Contract (Talcott Resolution Life & Annuity Insur Co Separate Account Three)

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