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

Samples: Northwestern Mutual Variable Life Account, Northwestern Mutual Variable Life Account, Northwestern Mutual Variable Life Account

AutoNDA by SimpleDocs

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

Samples: Agreement (Aerosonic Corp /De/), Agreement (Aerosonic Corp /De/)

AutoNDA by SimpleDocs

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

Samples: Agreement (Aerosonic Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.