Common use of Basic Face Amount Increase Clause in Contracts

Basic Face Amount Increase. You may submit an Application to increase the Basic Face Amount by adding a new Coverage Layer. Your Application must include Evidence of Insurability of both Insureds and is subject to our approval. The effective date of the increased Basic Face Amount will be the first Monthly Payment Date on or next following the date all required conditions are met or any other date you request and we approve. Certain riders may restrict your ability to request unscheduled increases in Coverage Layers. We reserve the right to limit Basic Face Amount increases to one per Policy year and the right to charge a fee to evaluate insurability, not to exceed $100 for each Insured to be evaluated. Upon approval of any increase, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase • The Risk Classes for the increase • The Maximum Monthly Cost of Insurance Rates applicable to the increase • If the Guideline Premium Test is used, the Policy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase • The Surrender Charge Factors for the new Coverage Layer Scheduled Increases in Basic Face Amount – There may be scheduled increases in Basic Life Coverage Face Amount, and if so, they will be shown in the Policy Specifications. Each such increase is referred to as a “Scheduled Increase” and comprises a new Coverage Layer when it goes into effect. There is a Cost of Insurance Charge associated with each such Scheduled Increase that has gone into effect and continues to be in effect. Such Cost of Insurance Charge is part of the Monthly Deduction for the Policy and is calculated the same as that for other Coverage Layers, subject to maximum Cost of Insurance Rates that are the same as those applicable to the initial Coverage Layer. The monthly Cost of Insurance Rates are shown in the Policy Specifications. There is a Coverage Charge associated with each Scheduled Increase that has gone into effect. Such Coverage Charge is also part of the Monthly Deduction for the Policy. The Total Coverage Charge for all Scheduled Increases in Basic Life Coverage are shown in the Policy Specifications. The Coverage Charge for each Scheduled Increase in Basic Life Coverage that has gone into effect does not decrease or terminate even if the associated Coverage Layer is decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Coverage Charge for the Scheduled Increase will not go into effect, and we will send you a Supplemental Schedule of Coverage to reflect the change. There is a Surrender Charge for Scheduled Increases in Basic Life Coverage, which is also described in the Policy Specifications and which is deducted from the Accumulated Value if you surrender the Policy. The Surrender Charge for Scheduled Increases in Basic Life Coverage that have gone into effect do not terminate or decrease even if a Scheduled Increase in Basic Life Coverage that has gone into effect is later decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Surrender Charge for the Scheduled Increases in Basic Life Coverage will change and we will send you a Supplemental Schedule of Coverage to reflect the change. Upon approval of any change in Scheduled Increases, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase • The Risk Class for the increase • The Maximum Monthly Cost of Insurance Rates applicable to the increase • If the Guideline Premium Test is used, the Policy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase • The Surrender Charge Factors for the new Coverage Layer

Basic Face Amount Increase. You may submit an Application to increase the Basic Face Amount by adding a new Coverage Layer. Your Application must include Evidence of Insurability of both Insureds and is subject to our approval. The effective date of the increased Basic Face Amount will be the first Monthly Payment Date on or next following the date all required conditions are met or any other date you request and we approve. Certain riders may restrict your ability to request unscheduled increases in Coverage Layers. We reserve the right to limit Basic Face Amount increases to one per Policy year and the right to charge a fee to evaluate insurability, not to exceed $100 for each Insured to be evaluatedpolicy year. Upon approval of any increase, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase • The Risk Classes for the increase • The Maximum Monthly Cost of Insurance Rates applicable to the increase • If the Guideline Premium Test is used, the Policy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase • The Surrender Charge Factors for the new Coverage Layer Scheduled Increases in Basic Face Amount – There may be scheduled increases in Basic Life Coverage Face Amount, and if so, they will be shown in the Policy Specifications. Each such increase is referred to as a “Scheduled Increase” and comprises a new Coverage Layer when it goes into effect. There is a Cost of Insurance Charge associated with each such Scheduled Increase that has gone into effect and continues to be in effect. Such Cost of Insurance Charge is part of the Monthly Deduction for the Policy policy and is calculated the same as that for other Coverage Layers, subject to maximum Cost of Insurance Rates that are the same as those applicable to the initial Coverage Layer. The monthly Cost of Insurance Rates are shown in the Policy Specifications. There is a Coverage Charge associated with each Scheduled Increase that has gone into effect. Such Coverage Charge is also part of the Monthly Deduction for the Policypolicy. The Total Coverage Charge for all Scheduled Increases in Basic Life Coverage are shown in the Policy Specifications. The Coverage Charge for each Scheduled Increase in Basic Life Coverage that has gone into effect does not decrease or terminate even if the associated Coverage Layer is decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Coverage Charge for the Scheduled Increase will not go into effect, and we will send you a Supplemental Schedule of Coverage to reflect the change. There is a Surrender Charge for Scheduled Increases in Basic Life Coverage, which is also described in the Policy Specifications and which is deducted from the Accumulated Value if you surrender the Policy. The Surrender Charge for Scheduled Increases in Basic Life Coverage that have gone into effect do not terminate or decrease even if a Scheduled Increase in Basic Life Coverage that has gone into effect is later decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Surrender Charge for the Scheduled Increases in Basic Life Coverage will change and we will send you a Supplemental Schedule of Coverage to reflect the change. Upon approval of any change in Scheduled Increasessuch increase, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase increase; • The Risk Class for the increase increase; • The Maximum Monthly Cost of Insurance Rates applicable to the increase increase; • The Maximum Monthly Coverage Charge for the increase; and • If the Guideline Premium Test is used, the Policypolicy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase • The Surrender Charge Factors for the new Coverage LayerPremiums.

Basic Face Amount Increase. You may submit an Application to increase the Basic Face Amount by adding a new Coverage Layer. Your Application must include Evidence of Insurability of both Insureds and is subject to our approval. The effective date of the increased Basic Face Amount will be the first Monthly Payment Date on or next following the date all required conditions are met or any other date you request and we approve. Certain riders may restrict your ability to request unscheduled increases in Coverage Layers. We reserve the right to limit Basic Face Amount increases to one per Policy year and the right to charge a fee to evaluate insurability, not to exceed $100 for each Insured to be evaluatedpolicy year. Upon approval of any increase, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase • The Risk Classes for the increase • The Maximum Monthly Cost of Insurance Rates applicable to the increase • If the Guideline Premium Test is used, the Policy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase • The Surrender Charge Factors for the new Coverage Layer Scheduled Increases in Basic Face Amount – There may be scheduled increases in Basic Life Coverage Face Amount, and if so, they will be shown in the Policy Specifications. Each such increase is referred to as a “Scheduled Increase” and comprises a new Coverage Layer when it goes into effect. There is a Cost of Insurance Charge associated with each such Scheduled Increase that has gone into effect and continues to be in effect. Such Cost of Insurance Charge is part of the Monthly Deduction for the Policy policy and is calculated the same as that for other Coverage Layers, subject to maximum Cost of Insurance Rates that are the same as those applicable to the initial Coverage Layer. The monthly Cost of Insurance Rates are shown in the Policy Specifications. There is a Coverage Charge associated with each Scheduled Increase that has gone into effect. Such Coverage Charge is also part of the Monthly Deduction for the Policypolicy. The Total Coverage Charge for all Scheduled Increases in Basic Life Coverage are shown in the Policy Specifications. The Coverage Charge for each Scheduled Increase in Basic Life Coverage that has gone into effect does not decrease or terminate even if the associated Coverage Layer is decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Coverage Charge for the Scheduled Increase will not go into effect, and we will send you a Supplemental Schedule of Coverage to reflect the change. There is a Surrender Charge for Scheduled Increases in Basic Life Coverage, which is also described in the Policy Specifications and which is deducted from the Accumulated Value if you surrender the Policypolicy. The Surrender Charge for Scheduled Increases in Basic Life Coverage that have gone into effect do not terminate or decrease even if a Scheduled Increase in Basic Life Coverage that has gone into effect is later decreased or terminated. However, if any Scheduled Increase in Basic Life Coverage does not go into effect as scheduled, the Surrender Charge for the Scheduled Increases in Basic Life Coverage will change and we will send you a Supplemental Schedule of Coverage to reflect the change. Upon approval of any change in Scheduled Increasessuch increase, we will send you a Supplemental Schedule of Coverage, which will include all of the following information: • The increased Face Amount and the effective date of the increase increase; • The Risk Class for the increase increase; • The Maximum Monthly Cost of Insurance Rates applicable to the increase increase; • The Maximum Monthly Coverage Charge for the increase; • If the Guideline Premium Test is used, the Policypolicy’s new Guideline Premiums • The Maximum Monthly Coverage Charge for the increase Premiums; and • The Surrender Charge Factors for the new Coverage Layer.