Common use of Surrender Benefit Clause in Contracts

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

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

Surrender Benefit. The policy has a guaranteed Surrender value equal equivalent to 80% of the single Premium You paid throughout the policy duration from Policy commencement date onwards. Upon surrender, the Surrender Benefit is paid in one lump sum. The total surrender Surrender Benefit payable is the sum ofof the following: a) a the guaranteed Surrender value equal to 80% of single Premium You paid on this policy;value; and b) any performance bonusbonus (if any); and c) any monthly income deposited with Us plus its with non-guaranteed interestinterest (if any); less any amounts owing to Us.

Surrender Benefit. The policy has a guaranteed Surrender surrender value equal 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 You premium paid and it increases incrementally throughout the policy duration from term. Please refer to the Policy commencement date onwardsIllustration for your guaranteed surrender value. The total surrender Benefit benefit is the sum of: a(i) a guaranteed Surrender value equal to 80% of single Premium You paid on this policysurrender value; b(ii) any reversionary bonus surrender value; and (iii) any performance bonus; and c) any monthly income deposited with Us plus its non-guaranteed interest; bonus less any amounts owing to Usus.

Surrender Benefit. The policy has a guaranteed Surrender value equal equivalent to 80% of the single Premium You paid throughout the policy duration from Policy commencement date onwards. Upon surrender, the Surrender Benefit is paid in one lump sum. The total surrender Surrender Benefit payable is the sum ofof the following: a) a the guaranteed Surrender value equal to 80% of single Premium You paid on this policy;value; and b) any performance bonusbonus (if any); and c) any monthly income deposited accumulated with Us plus its non-guaranteed interest(if any); less any amounts owing to Us.

Surrender Benefit. The policy has a guaranteed Surrender surrender value equal 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 You 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 benefit is the sum of: a(i) a guaranteed Surrender value equal to 80% of single Premium You paid on this policysurrender value; b(ii) any reversionary bonus surrender value; and (iii) any performance bonus; and c) any monthly income deposited with Us plus its non-guaranteed interest; bonus less any amounts owing to Usus.