Surrender Benefit. Upon surrender, the surrender Benefit is paid in one lump sum. The total surrender Benefit payable is the sum of the following:
Surrender Benefit. You may surrender your policy in full or partially through partial withdrawal. Upon full surrender, we will pay the surrender benefit in one lump sum which is equivalent to the Account value less surrender charges (if any) and any amounts owing to us. You may request for a full surrender any time after the free look period. We reserve the right to delay the payment of the surrender value for up to a period of six months from the date of your surrender application.
Surrender Benefit. A guaranteed surrender Benefit, less any outstanding amount owing to Us, will be payable upon surrender.
Surrender Benefit. The policy has a guaranteed surrender value equivalent to 80% of the single premium paid throughout the policy duration from policy commencement date onwards. The total surrender benefit is the sum of:
Surrender Benefit. At any time prior to the date annuity payouts commence and subject to the provisions of this Contract, the Owner may surrender this Contract for the Surrender Value which will be computed as of the Transaction Date. FGWL&A generally will pay the Surrender Value in a single sum within 7 days after receipt of the Request. FGWL&A may delay payment for:
Surrender Benefit. 3.4.1. This Policy does not acquire any surrender value throughout the Policy Term and therefore, there is no amount payable to You upon surrender of this Policy. This Policy and all the rights under this Policy shall extinguish on surrender of this Policy.
Surrender Benefit. At any time while your policy is in effect and after all due installment premiums for at least three policy years have been paid you can request to surrender this policy for its Surrender Benefit. The Guaranteed Surrender Value is a percentage of premiums paid (excluding any premiums paid towards rider/s benefit, underwriting extras and service tax) plus the surrender value of accrued regular bonuses less maturity benefit already paid. The percentages for Guaranteed Surrender Value as shown under Schedule A will vary based on the policy term and the year you surrender the policy. Your policy also acquires a Special Surrender Value. To know the Special Surrender Value for your policy you can get in touch with your advisor, or the nearest Branch Office or our Customer Service Team. Your surrender benefit is the higher of:
Surrender Benefit. At any time prior to the Annuity Commencement Date and subject to the provisions of this Contract, the Owner may surrender this Contract for the Surrender Value which will be computed as of the Transaction ICC11-J555 11 Date. The value of the surrender benefit will comply with the minimum nonforfeiture requirements as described in the NAIC Variable Annuity Model Regulation section 7. Great-West generally will pay the Surrender Value in a single sum within 7 days after receipt of the Request. A full surrender of this Contract will terminate the Contract and Rider and all benefits therein.
Surrender Benefit. You may request to surrender Your policy for its account value any time after free look period, subject to surrender charge as set out at Fees and Charges Section below. We will pay You an amount equivalent to the value of the cancelled units at the unit prices of the respective fund(s) on the next valuation date after we receive your request, less any applicable charges. Your coverage will be terminated once You have surrendered Your policy. Please refer to the Fees and Charges section for more information.
Surrender Benefit. 4.3.1. If the Master Policyholder surrenders this Policy in accordance with Section 15 below, We shall pay the Surrender Value to the Master Policyholder. This Policy shall terminate from the date of receipt of the request for surrender of this Policy by Us from the Master Policyholder.
