Common use of Minimum Values Clause in Contracts

Minimum Values. The values and benefits of this Policy will not be less than the minimum benefits required by the National Association of Insurance Commissioners Variable Life Insurance Regulation, model #270 using Actuarial Guideline XXIV. The method of computing minimum required values has been filed with the Interstate Insurance Product Regulation Commission.

Appears in 3 contracts

Sources: Variable Life Insurance Policy (Protective Variable Life Separate Account), Variable Life Insurance Policy (Protective Variable Life Separate Account), Variable Life Insurance Policy (Protective Variable Life Separate Account)