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; b) Surrender value of reversionary bonus (if any); and c) performance bonus (if any) less any outstanding amount that You still owe Us.
Appears in 2 contracts
Samples: Policy Contract, Insurance Policy Agreement
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.
Appears in 2 contracts
Samples: Policy Contract, Insurance Policy Agreement
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;
b) Surrender value of reversionary bonus (if any); and;
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d) any re-invested yearly cash Benefits and any non-guaranteed interest (if not previously withdrawn) less any outstanding amount that You still owe Us.
Appears in 2 contracts
Samples: Policy Contract, Enrich Rewards Agreement
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;
b) 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.
Appears in 2 contracts
Samples: Policy Contract, Insurance Agreement
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) Surrender non-guaranteed surrender value of reversionary bonus (if any); and
c) performance bonus (if any) less any outstanding amount that You still owe owing to Us.
Appears in 1 contract
Samples: Insurance Agreement
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) Surrender value of reversionary performance bonus (if any); and
c) performance bonus monthly income deposited with Us with non-guaranteed interest (if any) ); less any outstanding amount that You still owe amounts owing to Us.
Appears in 1 contract
Samples: Policy Contract