Common use of SURRENDER AND WITHDRAWAL OF VALUES Clause in Contracts

SURRENDER AND WITHDRAWAL OF VALUES. Surrender – Upon Written Request while the Insured is living, you may surrender this policy for its Net Cash Surrender Value. The policy will terminate on the date the request is received.

Appears in 2 contracts

Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

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SURRENDER AND WITHDRAWAL OF VALUES. Surrender – Upon Written Request while the Insured is living, living you may surrender this policy for its Net Cash Surrender Value. The policy will terminate on the date the request is received.

Appears in 2 contracts

Samples: Insurance Policy (Pacific Select Exec Separate Account of Pacific Life & Annui), Insurance Policy (Pacific Select Exec Separate Account of Pacific Life & Annui)

SURRENDER AND WITHDRAWAL OF VALUES. Surrender - Upon Written Request while the Insured is living, living you may surrender this policy for its Net Cash Surrender Value. The policy will terminate on the date the request is received. Net Cash Surrender Value - The Net Cash Surrender Value is the Cash Surrender Value less any Policy Debt.

Appears in 1 contract

Samples: Flexible Premium Variable Life Insurance Policy (Pacific Select Exec Separate Account of Pacific Life & Annui)

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SURRENDER AND WITHDRAWAL OF VALUES. Surrender Upon Written Request while the Insured is living, living you may surrender this policy for its Net Cash Surrender Value. The policy will terminate on the date the request is received. Cash Surrender Value — The Cash Surrender Value is the Accumulated Value less any Surrender Charge.

Appears in 1 contract

Samples: Insurance Policy (Pacific Select Exec Separate Account of Pacific Life & Annui)

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