Common use of Monthly Deduction Clause in Contracts

Monthly Deduction. The amount we deduct on each Monthly Anniversary Day from the Contract Value to pay the various contract expenses for the month beginning on that Monthly Anniversary Day. These expenses include: Cost of Insurance, Monthly Expense Charges, and the cost of any additional benefits provided by riders.

Appears in 4 contracts

Sources: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

Monthly Deduction. The amount we deduct on each the Monthly Anniversary Day from the Contract Value to pay the various contract expenses for the month beginning on that Monthly Anniversary Day. These expenses include: Cost of Insurance, Monthly Expense Charges, and the cost of any additional benefits provided by ridersriders for the month beginning on that Monthly Anniversary Day.

Appears in 4 contracts

Sources: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)