Rule 28.  Termination Values

28.1.   A Planholder may terminate his In-Force plan at any time by giving written notice to the issuer.

28.2.   A Pre-Need Contract shall contain a schedule of Termination Values to which the Planholder is entitled upon surrender of his Plan. Such Termination Value shall be fair, equitable and in compliance with the best practices internationally approved. The Termination Value shall be computed at the end of each anniversary year of the Contract and pre-determined by the actuary of the Pre-Need Company upon application for registration of the Pre-Need Plans with the Commission.