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Common use of LOAN VALUE Clause in Contracts

LOAN VALUE. The Loan Value on any day is equal to:

Appears in 3 contracts

Sources: Life Insurance Policy (National Variable Life Insurance Account), Life Insurance Policy (National Variable Life Insurance Account), Life Insurance Policy (National Variable Life Insurance Account)

Related Clauses

  • Loan Amount
  • Liquidation Value
  • Appraised Value
  • LTV Ratio
  • Loan-to-Value Ratio

Parent Clauses

  • Loans and Withdrawals
  • Loans
  • REINSTATEMENT
  • COST OF INSURANCE CHARGE
  • DEFERRAL OF PAYMENTS

Sub-Clauses

  • Value of loan
  • Withdrawals and Transfers
  • Minimum Reserve Value
  • Minimum Initial Reserve Value
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