Common use of Surrender Benefit Clause in Contracts

Surrender Benefit. Upon surrender, the surrender Benefit is paid in one lump sum. The total surrender Benefit payable is the sum of the following: a) guaranteed Surrender value; and b) non-guaranteed Surrender value (if any); less any outstanding amount that You still owe Us.

Surrender Benefit. Upon surrender, the surrender Benefit is paid in one lump sum. The total surrender Benefit payable is the sum of the following: a) the guaranteed Surrender value; and; b) non-guaranteed Surrender value of accumulated reversionary bonus (if any); and c) performance bonus (if any) less any outstanding amount that You still owe amounts owing to Us.

Surrender Benefit. Upon surrender, the surrender Benefit is paid in one lump sum. The total surrender Benefit payable is the sum of the following: a) guaranteed Surrender value; and; b) non-guaranteed Surrender value of reversionary bonus (if any); c) performance bonus (if any); and d) any re-invested yearly cash Benefits and any non-guaranteed interest (if not previously withdrawn) less any outstanding amount that You still owe Us.

Surrender Benefit. Upon surrender, the surrender Benefit is paid in one lump sum. The total surrender Benefit payable is the sum of the following: a) guaranteed Surrender value; and; b) non-guaranteed Surrender value of reversionary bonus (if any); and c) performance bonus (if any) less any outstanding amount that You still owe Us.

Surrender Benefit. Upon surrender, the surrender Surrender Benefit is paid in one lump sum. The total surrender Surrender Benefit payable is the sum of the following: a) the guaranteed Surrender value; and b) performance bonus (if any); and c) monthly income deposited with Us with non-guaranteed Surrender value interest (if any); less any outstanding amount that You still owe amounts owing to Us.

Surrender Benefit. Upon surrender, the surrender Benefit benefit is paid in one lump sum. The total surrender Benefit benefit payable is the sum of the following: a) guaranteed Surrender surrender value; and b) non-guaranteed Surrender surrender value (if any); less any outstanding amount that You still owe owing to Us.