Surrender Value. The Surrender Value is the amount that will be paid if the full Contract Value is surrendered. The Surrender Value at any time will be:
Appears in 2 contracts
Sources: Annuity Contract (Nationwide Multi Flex Variable Account), Annuity Contract (Nationwide Multi Flex Variable Account)
Surrender Value. The Surrender Value is the amount that will be paid if the full Contract Value is surrenderedpayable upon a surrender. The Surrender Value at is the Contract Value less any time charges and fees imposed upon surrender. If a Rider is attached to the Contract, the Company will be:deduct the amount of any accrued but uncollected Rider Charge(s) on the date the Contract is surrendered.
Appears in 1 contract
Surrender Value. The Surrender surrender Value is the amount that will be paid if the full Contract Value is surrendered. The Surrender Value at any time will be:be the Contract Value less any charges which apply.
Appears in 1 contract
Sources: Annuity Contract (Bankers Security Variable Annuity Funds M P & Q)