Common use of Waiver of Withdrawal Charge Clause in Contracts

Waiver of Withdrawal Charge. [In each contract year after the first contract year, you may withdraw an amount equal to 15% of the "free partial withdrawal basis" without incurring a withdrawal charge. We reserve the right to limit the number of such free partial withdrawals in any contract year.

Appears in 4 contracts

Samples: Valley Forge Life Insurance Co Variable Annuity Separate Acc, Valley Forge Life Insurance Co Variable Annuity Separate Acc, Valley Forge Life Insurance Co Variable Annuity Separate Acc

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Waiver of Withdrawal Charge. [In each contract year after the first contract year, you may withdraw an amount equal to 1510% of the "free partial withdrawal basis" without incurring a withdrawal charge. We reserve the right to limit the number of such free partial withdrawals in any contract year.

Appears in 2 contracts

Samples: Valley Forge Life Insurance Co Variable Annuity Separate Acc, Valley Forge Life Insurance Co Variable Annuity Separate Acc

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Waiver of Withdrawal Charge. [In each contract year after the first contract year, you may withdraw an amount equal to 1510% of the "free partial withdrawal basis" without incurring a withdrawal charge. We reserve the right to limit the number of such free partial withdrawals in any contract year.

Appears in 1 contract

Samples: Valley Forge Life Insurance Co Variable Annuity Separate Acc

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