When can an account be withdrawn?

An account can be withdrawn at any time if there is no policy in place because, in the absence of a policy, there are no contractual obligations or ongoing commitments that would prevent the withdrawal. This means that the account holder can freely decide to withdraw the account without facing restrictions or potential penalties.

In contrast, situations where a policy exists, or claims are in process often come with binding agreements or obligations that need to be honored, which can limit the ability to withdraw. Hence, the flexibility to withdraw an account is only available when there are no active policies associated with that account.