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Article A441-5 of the French Insurance Code

The annuity unit corresponding to a surrender has the same acquisition value as the annuity unit normally acquired in the year of the surrender.

Original in French 🇫🇷
Article A441-5

L’unité de rente correspondant à un rachat a la même valeur d’acquisition que l’unité de rente acquise normalement dans l’année du rachat.

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