Rider Termination Clause Samples

Rider Termination. The Rider automatically terminates in the event of the following:

Rider Termination. The Rider may be terminated at the Owner’s request. Once the Rider has terminated, it may not be restarted at any time. To request termination of the Rider, you must make a request to our Executive Office. The request must be in a form acceptable to us. The termination will go into effect when we receive the request to terminate the Rider, and the request is accepted and recorded by us. The Rider automatically terminates and LTC Benefit Payments cease in the event of the following: • Upon the death of the Owner; or • Upon the request for a full surrender of the Contract; or • Upon election of a Payment Plan under the Contract; or • If the Accumulation Value becomes zero due to non-LTC partial withdrawals; or • A change in ownership; or • A change in Annuitant; or • Spousal Continuation of the Contract; or • Once all the LTC Benefit Payments have reduced the LTC Benefit Base to zero. Upon the death of any Owner, or Annuitant if the Owner is a non-living entity, the underlying Contract and this Rider will terminate. LTC Benefit Payments payable under this Rider will cease at that time. This Rider has no Cash Surrender Value or other non-forfeiture benefits.

Rider Termination. This Rider may not be cancelled unless the Contract is surrendered or otherwise terminated, other than as described in the “Guaranteed Withdrawal Status”, Lifetime Guaranteed Withdrawal Status”, “Automatic Periodic Benefit Status”, “Lifetime Automatic Periodic Benefit Status”, “Death of Owner”, or “Change of Owner” sections. This Rider has no surrender value or other non-forfeiture benefits upon termination.

Rider Termination. You may terminate the rider at anytime after the 5th anniversary date of the effective date of this rider by written notice to Us. All benefits plus the charge for this rider would then cease and You would not be able to later add this rider to Your contract. HL-VA04PFL Page 1 of 4 Printed in U.S.A. Your BA is determined at the following times and is subject to a maximum BA of $5,000,000: If this rider is effective on the Contract Issue Date, then the BA equals the premium payments. If this rider is effective after the Contract Issue Date, then the BA equals 100% of the Contract Value on the rider effective date. Upon each subsequent premium payment, the BA is recalculated to equal the sum of the BA immediately prior to receipt of the subsequent premium payment, plus 100% of the subsequent premium payment. The Company reserves the right to restrict subsequent premium payments. Whenever a partial surrender is made, the BA will be equal to the amount determined in either (A) or (B) as follows:

Rider Termination. If prior to the Acceleration Period

Rider Termination. This Rider may not be cancelled by the Owner, unless the Contract is terminated. This Rider will terminate immediately if any of the following events occur:

Rider Termination. This rider will terminate if the Contract terminates according to the terms of the Contract. This rider will also terminate upon our receipt of due proof of the Owner’s death and election of the payment method by each Beneficiary, unless the Contract is continued under Spousal Continuance. You cannot request that this rider be terminated.

Rider Termination. SPECIMEN The Rider may be terminated at the Owner’s request. To request termination of the Rider, you must make a request to our Executive Office. The request must be in a form acceptable to us. The termination will go into effect when we receive the request to terminate the Rider, and the request is accepted and recorded by us. Upon voluntary termination of the Rider, the Wellness Rider Charge and access to all Wellness Benefits will cease and no further Wellness Rider Credits can be earned. Any partial Wellness Rider Credits earned during the current Qualification Period will be forfeited. The Additional LTC Benefit Base at the time of Rider termination will remain available to and accessible by the Owner subject to the terms and conditions of the Wellness Program and the Long-Term Care Rider. This Rider automatically terminates if the Provider is no longer offering wellness services and there is no suitable provider substitute. The Wellness Rider Charge and access to all Wellness Benefits will cease and no further Wellness Rider Credits can be earned. Any partial Wellness Rider Credits earned during the current Qualification Period will be applied at the end of the Qualification Period. The Additional LTC Benefit Base at the time of Rider termination will remain available to and accessible by the Owner subject to the terms and conditions of the Wellness Program and the Long-Term Care Rider. This Rider automatically terminates upon termination of the Base Contract or the Long-Term Care Rider. The Wellness Rider charge will cease. Access to all benefits under this rider will be terminated, including the Wellness Rider Credits and the Additional LTC Benefit Base. Once the Rider has terminated, it may not be restarted at any time. This Rider has no Cash Surrender Value or other non-forfeiture benefits.

Rider Termination. This Rider may not be cancelled unless the Contract is terminated, other than as described in the “Guaranteed Withdrawal Status,” “Death of Owner,” or “Change of Owner” sections. This Rider has no surrender value or other non-forfeiture benefits upon termination. MISSTATEMENT OF AGE, SEX, OR MARITAL STATUS If the age, sex, or marital status used in determining any benefits provided by this Rider have been misstated, the amounts payable or benefits provided will be those that this Rider would have provided at the correct age, sex, or marital status. We reserve the right to recover, and you agree to repay to us, the amounts overpaid. We also reserve the right, alternatively, to recoup the amounts overpaid by reducing the MAW, future MGWB Periodic Payments, future Lifetime Income Payments, or future Annuity Payments under an Annuity Option.