Cash Surrender Value. The Cash Surrender Value is the Accumulated Value less any Surrender Charge.
Appears in 25 contracts
Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
Cash Surrender Value. The Cash Surrender Value is the Accumulated Account Value less any Surrender Chargeapplicable surrender charge that would be deducted upon surrender.
Appears in 2 contracts
Sources: Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co), Joint & Last Survivor Flexible Premium Variable Life Insurance Policy (Variable Account Ii Aig Life Insurance Co)