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Common use of NET PREMIUM Clause in Contracts

NET PREMIUM. The Net Premium is the premium payment received less the Premium Expense Charge shown in Section 1, Contract Data.

Appears in 8 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)

Related Clauses

  • Shift Premium
  • Night Premium
  • Night Shift Premium
  • Overtime and Premium Pay
  • Weekend Premium

Parent Clauses

  • Premiums Transfers and Reinstatement
  • Contract Values
  • BENEFICIARIES
  • You, Your
  • Changing Your Contract
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