Common use of Withdrawals from the Symetra Secure Annuity Clause in Contracts

Withdrawals from the Symetra Secure Annuity. If withdrawals are taken during the first Contract year, Agency will repay the SMA paid on the amount withdrawn. ‘ Provision 2 will not apply to: 1. Non-commissionable transfers between Company products; 2. Withdrawals where no surrender penalties were applied, such as under a free-withdrawal provision (excluding the bailout) or after all surrender penalties have expired; 3. Death benefit payments or hospital and nursing home waiver payments; or 4. Payments made under a settlement option which are payable for life, or a period of at least five years. Repayments under this schedule will be netted against any commissions owed to Agency by Company under other product Schedules. For purposes of processing repayments, withdrawals will be considered deducted from the Contract in the following order:

Withdrawals from the Symetra Secure Annuity. If withdrawals are taken during the first Contract year, Agency will repay the SMA commissions paid on the amount withdrawn. ‘ Provision 2 will not apply to: 1. Non-commissionable transfers between Company products; 2. Withdrawals where no surrender penalties were applied, such as under a free-withdrawal provision (excluding the bailout) or after all surrender penalties have expired; 3. Death benefit payments or hospital and nursing home waiver payments; or 4. Payments made under a settlement option which are payable for life, or a period of at least five years. Repayments under this schedule will be netted against any commissions owed owned to Agency by Company under other product Schedules. For purposes of processing repayments, withdrawals will be considered deducted from the Contract in the following order:

Withdrawals from the Symetra Secure Annuity. If withdrawals are taken during the first Contract year, Agency will repay the SMA paid on the amount withdrawn. ‘ Provision 2 will not apply to: 1. Non-commissionable transfers between Company products; 2. Withdrawals where no surrender penalties were applied, such as under a free-withdrawal provision (excluding the bailout) or after all surrender penalties have expired; 3. Death benefit payments or hospital and nursing home waiver payments; or 4. Payments made under a settlement option which are payable for life, or a period of at least five years. Repayments under this schedule will be netted against any commissions owed owned to Agency by Company under other product Schedules. For purposes of processing repayments, withdrawals will be considered deducted from the Contract in the following order: