SURRENDERS AND WITHDRAWALS. Surrenders and withdrawals include the total amount paid in the event of a partial withdrawal of account value or full surrender of Policies, net of any applicable surrender charges. Surrender charges are the total amount that the Ceding Company deducts before paying the cash surrender value upon a full or partial surrender of Policies.
Appears in 2 contracts
Samples: Reinsurance Agreement (New England Variable Annuity Separate Account), Reinsurance Agreement (First MetLife Investors Variable Annuity Account One)
SURRENDERS AND WITHDRAWALS. Surrenders and withdrawals include the total amount paid in the event of a partial withdrawal of account value or full surrender of PoliciesReinsured Contracts, net of any applicable surrender charges. Surrender charges are the total amount that the Ceding Company deducts before paying the cash surrender value upon a full or partial surrender of PoliciesReinsured Contracts.
Appears in 2 contracts
Samples: Service Agreement and Indemnity Combination Coinsurance Agreement (MetLife Insurance CO of Connecticut), Service Agreement and Indemnity Combination Coinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)
SURRENDERS AND WITHDRAWALS. Surrenders and withdrawals include the total amount paid in the event of a partial withdrawal of account value or full surrender of Reinsured Policies, net of any applicable surrender charges. Surrender charges are the total amount that the Ceding Company deducts before paying the cash surrender value upon a full or partial surrender of Reinsured Policies.
Appears in 2 contracts
Samples: Service Agreement and Indemnity Combination Coinsurance Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance)
SURRENDERS AND WITHDRAWALS. Surrenders and withdrawals include the total amount paid in the event of a partial withdrawal of account value or full surrender of Policiesthe Reinsured Contracts, net of any applicable surrender charges. Surrender charges are the total amount that the Ceding Company deducts before paying the cash surrender value upon a full or partial surrender of Policiesthe Reinsured Contracts.
Appears in 1 contract
