Impact of Early Surrender. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to You may less than the Premiums paid.
Appears in 4 contracts
Samples: Policy Contract, Policy Contract, Investment Agreement
Impact of Early Surrender. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to You may be less than the Premiums paid.
Appears in 3 contracts
Samples: Insurance Policy Agreement, Insurance Policy Agreement, Insurance Policy Agreement
Impact of Early Surrender. As buying a life insurance policy is a long-term commitment, an early termination of the policy rider usually involves high costs and the surrender value, if any, that is payable to You may less than the Premiums paid.
Appears in 2 contracts
Samples: Insurance Policy Agreement, Insurance Policy Agreement