Partial Surrender. You may make a Partial Surrender of this Policy once each Policy Year after the first Policy Year by request to Our Principal Office, in a form satisfactory to Us. The maximum amount of any Partial Surrender is the Account Value decreased by the balance of any outstanding Policy Debt. Unless You provide evidence satisfactory to Us that the Insured is still insurable, the Total Face Amount will be reduced to the extent necessary so that (1) does not exceed (2) where
Appears in 4 contracts
Samples: Service Office (Sun Life Ny Variable Account D), Sun Life (N.Y.) Variable Account J, Sun Life of Canada U S Variable Account G
Partial Surrender. You may make a Partial Surrender of this Policy once each Policy Year after the first Policy Year by written request to Our Principal Office, in a form satisfactory to UsService Center. The maximum amount of any Partial Surrender is the Account Value decreased by the balance of any outstanding Policy Debt. Unless You provide evidence satisfactory to Us that the Insured is still insurable, the Total Face Amount will be reduced to the extent necessary so that (1) does not exceed (2) where
Appears in 1 contract
Samples: Sun Life (N.Y.) Variable Account J
Partial Surrender. You may make a Partial Surrender of this the Policy once each Policy Year after the first Policy Year by written request to Our Principal Office, in a form satisfactory to UsService Center. The maximum amount of any Partial Surrender is the Account Value decreased by the balance of any outstanding Policy Debt. Unless You provide evidence satisfactory to Us that the Insured is still insurable, the Total Face Amount will be reduced to the extent necessary so that (1) does not exceed (2) where
Appears in 1 contract
