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 any applicable surrender charge charges, loan balance and 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 any applicable surrender charge loan balance and any loan balancepremium 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 any applicable surrender charge charges, contract indebtedness and any loan balancepremium taxes payable.

Appears in 1 contract

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