Reduction in Charges for Certain Groups. We may reduce or waive the Insurance and Financial Services Fees, Administration Fee and Surrender Charges on Contracts that have been sold: 1. when sales of the Contract may result in savings of sales or administrative expenses; or 2. where the size and type of the group or level of Deposits may result in savings of administrative or insurance expenses. We will not reduce or eliminate the Insurance and Financial Services Fee, Administration Fee, or Surrender Charge where such reduction or elimination will unfairly discriminate against any person.
Appears in 4 contracts
Samples: Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co), Group Variable Annuity Contract (Standard Insurance Co)