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*What is the Maximum Payout?

Back To Key Terminology

The Maximum Payout is the maximum amount (expressed in dollars) that may be paid to the Contract Holder under the Contract. The Maximum Payout amount is customizable and selected at time of purchase. The Maximum Payout is detailed in the Summary of Key Terms and Conditions.

For more information about these terms, please refer to the respective FAQs: "What is the Contract Holder?", "What is the Contract?", and "What is the Summary of Key Terms and Conditions?".

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