The removal of a portion of the original cash balance of an insurance policy or annuity. The distribution may result in a fee and a reduction in the value of the policy or annuity.
Related information about partial surrender:
- What is partial surrender? definition and meaning
Definition of partial surrender: The removal of a portion of the original cash balance of an insurance policy or annuity. The distribution may result in a fee and a ...
- TAX ASPECTS OF A PARTIAL SURRENDER ON A SECTION 1035 ...
company to extinguish the policy loan to satisfy the partial surrender. ❑ Note: A partial surrender to extinguish a policy loan results in a reduction of the face ...
- Policy Loans And Withdrawals Faqs : Customer Service : Faqs ...
Jul 22, 2009 ... What options do I have other than surrendering/canceling my policy? What is the difference between a loan and a partial surrender/withdrawal?
- FAQ on Policy Surrender and Partial Withdrawal for Life Policies ...
On which section of the website can you do a partial surrender? Under the Policy Profile section, using your O-pin number, you can start the procedure for a ...
- annuity partial surrender request - National Western Life Insurance ...
SP-8215.Rev.9.12 www.nationalwesternlife.com. Page 1 of 2. (Please complete all noted areas. See page 2 for further instructions and information). POLICY ...
- What is a partial surrender
Partial surrenders are fairly simple. They are removal of a portion of the original cash balance of an insurance policy or annuity. You should either contact your ...
- Surrender Policy Annuity
How do I request a full or partial surrender of my policy? ... Fidelity & Guaranty Life Insurance Company will process the partial surrender within 15 business ...
- partial surrender
The removal of a portion of the original cash balance of an insurance policy or annuity.