Partial Surrenders. You may request, in writing or by other means acceptable to us, a partial Surrender of Contract values at any time prior to Contract Termination. We will deduct any applicable Contingent Deferred Sales Charge. We waive the Contingent Deferred Sales Charge for Benefit Payments and for Payments for Plan Related Expenses. Partial Surrenders may be paid in a single sum or in installment payments for a designated period. The frequency of payments and length of the designated period are determined by mutual agreement. You and we may also agree to other payment options not prohibited by the Plan.
Appears in 4 contracts
Samples: Group Variable Funding Agreement (Talcott Resolution Life Insurance Co- Separate Account Twelve), Group Variable Funding Agreement (Hartford Life Insurance Co- Separate Account Twelve), Group Variable Funding Agreement (Hartford Life Insurance Co- Separate Account Twelve)
