Examples of Surrender Benefit in a sentence

Upon payment of the Surrender Benefit, the Policy shall terminate and all other Benefits shall cease.
For details on surrender value, please refer to the Surrender Benefit under Section 4.2 of this policy document.
The Surrender Benefit payable will be the higher of the guaranteed surrender value (GSV) or the special surrender value (SSV).
D.4 Surrender Benefit In case the Master Policyholder surrenders the Policy, an Insured Member can request the Company in writing to continue the policy as an individual policy for the outstanding term as per the certificate of insurance issued to the member, wherever applicable in accordance with the terms and conditions of the Policy.
If the death due to suicide is within one (1) year • From the Date of Commencement of Risk, the amount payable will be 80% of the Regular Premiums paid OR • From the date of the latest revival, the amount payable will be the higher of 80% of the Regular Premiums paid and Surrender Benefit as on the date of death.

More Definitions of Surrender Benefit

Surrender Benefit means the benefit, if any, payable on surrender or termination of the Policy. Please refer to Section 10 below for more details.

Surrender Benefit means the benefit payable on surrender of the Policy, as per Section 3c) below.

Surrender Benefit means the amount available to the Policyholder on surrender as per Section 6c) below.

Surrender Benefit means the benefits to be paid to the Policyholder on the surrender in whole of any one or more of the Policies in accordance with Provision 12.

Surrender Benefit means the amount payable to the Policyhold- er on surrender as per Section 8c) below.

Surrender Benefit means the benefit, if any, payable on the surrender of the

Surrender Benefit means the benefit, if any, payable on the surrender of the Policy, calculated in accordance with Section 9 of the Policy.