Examples of Under Payment in a sentence
Under Payment of a Designated Amount and Proceeds Left at Interest, all or part of the remaining proceeds and any interest earned but not paid may be withdrawn.
Under Payment Choices 1 and 2, this Policy will terminate upon payment of the entire Surrender Value.
Under Payment Choice 3, this Policy will terminate when the Surrender Value is applied to the Optional Payment Plan.
Under Payment for a Designated Number of Years, the sum of the remaining guaranteed payments discounted at an interest rate of 4% compounded annually may be withdrawn.
Under Payment of a Designated Amount and Proceeds Left at Interest, all or part of the remaining Proceeds and any interest earned but not paid may be withdrawn.
Under Payment Choice (3), this Policy will terminate when the Surrender Value is applied to the Optional Payment Plan.
Under Payment Option M, the sum of the number of remaining Annuity Units for each Subaccount multiplied by the current Annuity Unit Value for that Subaccount will be paid to the Annuitant's or Owner's Beneficiary in a lump sum, (see "Option M - Unit Refund Variable Life Annuity" in Part 10).
Under Payment Choices (1) and (2), this Policy will terminate upon payment of the entire Surrender Value.
Under Payment Option M, the sum of the number of remaining Annuity Units for each Subaccount multiplied by the current Annuity Unit Value for that Subaccount will be paid to the Annuitant's or Owner's Beneficiary in a lump sum (see "Option M - Unit Refund Variable Life Annuity" in Part 10).
Under Payment for a Designated Number of Years, the sum of the remaining guaranteed payments discounted at an interest rate of two and a half percent compounded annually, may be withdrawn.