Examples of Surrender Benefit in a sentence

A lump sum Surrender Benefit as per Clause No. 4.2.1 may be payable upon surrender 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.
For details on surrender value, please refer to the Surrender Benefit under Section 4.2 of this policy document.
In case of Frequency of Annuity Payment other than annually in arrears, the Surrender Benefit shall be paid after deducting any Annuity pay-outs made during the Policy Year.
A lump sum Surrender Benefit as per Clause No. 4.2.1 shall be payable upon surrender of the Policy.

More Definitions of Surrender Benefit

Surrender Benefit means the benefit payable on surrender or termination of the Policy. Please refer to Section 9 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.