Common use of AMOUNT AND FREQUENCY Clause in Contracts

AMOUNT AND FREQUENCY. Planned premiums may be paid at twelve, six or three month intervals. They may also be paid monthly with our consent. You may change the amount and frequency of Planned Premiums at any time. However, in order to keep the contract in force the premium you pay must be sufficient to keep your contract from lapsing as described in Section 5.8,

AMOUNT AND FREQUENCY. Planned premiums may be paid at twelve, six six, or three three-month intervals. They may also be paid monthly with our consent. In order to keep the contract in force, the premium you pay must be sufficient to prevent the contract from lapsing as described in Section 5.8, Grace Period and Contract Lapse. You may change the amount and frequency of Planned Premiums premium payments at any time. HoweverThe actual amount and frequency of premium payments affects the Contract Value and the amount and duration of insurance. We have the right to limit the amount of any increase in premium payment above the Planned Premium Payment, in order to keep the contract in force the premium you pay must be sufficient to keep your contract from lapsing as described shown in Section 5.8,1, Contract Data.