Common use of Fixed Amount Clause in Contracts

Fixed Amount. Paid in instalments as mutually agreed upon until the amount applied, together with interest on the unpaid balance, is used up.

Appears in 11 contracts

Sources: Variable Life Insurance Policy (Separate Account I of Equitable Variable Life Insurance Co), Variable Life Insurance Policy (Separate Account I of Equitable Variable Life Insurance Co), Variable Life Insurance Policy (Separate Account I of Equitable Variable Life Insurance Co)