If you are withdrawing from the accumulation units account, no charge will be imposed.
A redemption fee and partial withdrawal limit will be imposed if you are withdrawing from the initial units account during the minimum investment term, unless the free partial withdrawal benefit has been exercised. The free partial withdrawal benefit can be exercised up to 2 times during the applicable redemption fee charge period. No charges will be imposed for withdrawals from the initial units account after the minimum investment term.
The redemption fee is calculated by multiplying the withdrawal amount by the redemption fee percentage depending on the policy year at the point of request. The redemption fee will be deducted from the withdrawal proceeds prior to paying out to you.