Common use of Additional Protection Clause in Contracts

Additional Protection. Additional Protection is insurance guaranteed for the period shown on page 3. The initial amount of and premium for Additional Protection are shown on page 3. Additional Protection will terminate on any policy anniversary on which: o the Owner has directed that dividends be used other than to increase Policy Value; and o the policy does not have Excess Amount.

Appears in 4 contracts

Sources: Variable Whole Life Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account)

Additional Protection. Additional Protection is insurance guaranteed for the period shown on page 3. The initial amount of and premium for Additional Protection are shown on page 3. Additional Protection will terminate on any policy anniversary on which: o the Owner has directed that dividends be used other than to increase Policy Value; and o the policy does not have Excess Amount.:

Appears in 2 contracts

Sources: Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Policy (Aerosonic Corp /De/)

Additional Protection. Additional Protection is insurance guaranteed for the period shown on page 3. The initial amount of and premium for Additional Protection are shown on page 3. Additional Protection will terminate on any policy anniversary on which: o . the Owner has directed that dividends be used other than to increase Policy Value; and o . the policy does not have Excess Amount.

Appears in 1 contract

Sources: Variable Whole Life Policy (Aerosonic Corp /De/)