Common use of Surrender Benefit Clause in Contracts

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: (i) a guaranteed surrender value equivalent to 80% of single premium paid; (ii) any reversionary bonus surrender value; and (iii) any performance bonus less any amounts owing to us.

Surrender Benefit. The policy has a guaranteed surrender Surrender value equivalent equal to 80% of the single premium Premium You paid throughout the policy duration from policy Policy commencement date onwards. The total surrender benefit Benefit is the sum of: (ia) a guaranteed surrender Surrender value equivalent equal to 80% of single premium paidPremium You paid on this policy; (iib) any reversionary bonus surrender valueperformance bonus; and (iiic) any performance bonus monthly income deposited with Us plus its non-guaranteed interest; less any amounts owing to usUs.

Surrender Benefit. The policy has a guaranteed surrender Surrender value equivalent to 80% of the single premium Premium You paid throughout the policy duration from policy Policy commencement date onwards. Upon surrender, the Surrender Benefit is paid in one lump sum. The total surrender benefit Surrender Benefit payable is the sum ofof the following: (ia) a the guaranteed surrender value equivalent to 80% of single premium paid; (ii) any reversionary bonus surrender Surrender value; and (iiib) any performance bonus (if any); and c) monthly income accumulated with Us (if any); less any amounts owing to usUs.

Surrender Benefit. The policy has a guaranteed surrender value throughout the policy duration from policy commencement date onwards. The guaranteed surrender value at policy commencement date is equivalent to 80% of the single premium paid and incremental throughout the policy duration from policy commencement date onwardsterm. Please refer to the Benefit Illustration for your guaranteed surrender value. The total surrender benefit is the sum of: (i) a guaranteed surrender value equivalent to 80% of single premium paidvalue; (ii) any reversionary bonus surrender value; and (iii) any performance bonus less any amounts owing to us.

Surrender Benefit. The policy has a guaranteed surrender value throughout the policy duration from policy commencement date onwards. The guaranteed surrender value at policy commencement date is equivalent to 80% of the single premium paid and it increases incrementally throughout the policy duration from policy commencement date onwardsterm. Please refer to the Policy Illustration for your guaranteed surrender value. The total surrender benefit is the sum of: (i) a guaranteed surrender value equivalent to 80% of single premium paidvalue; (ii) any reversionary bonus surrender value; and (iii) any performance bonus less any amounts owing to us.

Surrender Benefit. The policy has a guaranteed surrender Surrender value equivalent to 80% of the single premium Premium You paid throughout the policy duration from policy Policy commencement date onwards. Upon surrender, the Surrender Benefit is paid in one lump sum. The total surrender benefit Surrender Benefit payable is the sum ofof the following: (ia) a the guaranteed surrender value equivalent to 80% of single premium paid; (ii) any reversionary bonus surrender Surrender value; and (iiib) any performance bonus (if any); and c) monthly income deposited with Us with non-guaranteed interest (if any); less any amounts owing to usUs.