Common use of Monthly Deduction Clause in Contracts

Monthly Deduction. We will make a Monthly Deduction from the Contract Value on each Monthly Anniversary Day equal to the sum of the following: (1) the Cost of Insurance, as described in Section 7.7, Cost of Insurance; (2) the Monthly Expense Charges as shown in Section 1, Contract Data; and (3) the cost of any additional benefits provided by riders for the contract month.

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)

Monthly Deduction. We will make a Monthly Deduction Deductions from the Contract Value on each Monthly Anniversary Day equal to the sum of the following: (1) the monthly Cost of Insurance, as described in Section 7.7, Cost of Insurance; (2) the Monthly Expense Charges Charge as shown in Section 1, Contract Data; and (3) the cost of any additional benefits provided by riders for the contract monthas shown in Section 1, Contract Data.

Appears in 3 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. We will make a Monthly Deduction Deductions from the Contract Value on each Monthly Anniversary Day equal to the sum of the following: (1) the monthly Cost of Insurance, as described in Section 7.7, Cost of Insurance; (2) the Monthly Expense Charges Charge as shown in Section 1, Contract Data; and (and 3) the cost of any additional benefits provided by riders for the contract monthas shown in Section 1, Contract Data.

Appears in 1 contract

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