Common use of Impact of Early Surrender Clause in Contracts

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

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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

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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

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