Common use of Payments We May Defer Clause in Contracts

Payments We May Defer. We may, at any time, defer payment of the full Cash Surrender Value or any partial Surrender for up to six months after we receive a request for it, contingent upon written approval by the insurance supervisory official in the jurisdiction in which this Contract is issued.

Payments We May Defer. We may, at any time, defer payment of the full Cash Surrender Value or any partial Surrender Withdrawal for up to six months after we receive a request for it, contingent upon written approval by the insurance supervisory official in the jurisdiction in which this Contract is issued.