Common use of Cash Surrender Value Clause in Contracts

Cash Surrender Value. The Contract Value Equals the contract value at the time of surrender less applicable surrender charges charges, loan balance and less any loan balancepremium taxes payable.

Appears in 3 contracts

Sources: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account), Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account), Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

Cash Surrender Value. The Contract Value Equals the contract value at the time of surrender less applicable surrender charges and less any loan balancebalance and any premium taxes payable.

Appears in 2 contracts

Sources: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account), Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)

Cash Surrender Value. The Contract Value contract value at the time of surrender less applicable surrender charges charges, contract indebtedness and less any loan balancepremium taxes payable.

Appears in 1 contract

Sources: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)