Common use of Surrender Value Clause in Contracts

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

Samples: Nationwide Multi Flex Variable Account, Nationwide Multi Flex Variable Account

AutoNDA by SimpleDocs

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

Samples: Pia Variable Annuity Account I

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

Samples: Bankers Security Variable Annuity Funds M P & Q

AutoNDA by SimpleDocs

Surrender Value. The Surrender Value surrender value is the amount that will be paid if the full Contract Value Certificate Account is surrendered. The Surrender Value surrender value at any time will be:: The Certificate Account Value less the sum of any applicable;

Appears in 1 contract

Samples: Nationwide Va Separate Account-D

Time is Money Join Law Insider Premium to draft better contracts faster.