Common use of Policy Dividends Clause in Contracts

Policy Dividends. Any dividend declared on the Policy shall be applied to purchase paid-up additional insurance on the life of the Employee. The parties hereto agree that the dividend election provisions of the Policy shall conform to the provisions hereof.

Policy Dividends. Any dividend dividends declared on the Policy shall be applied to purchase paid-up additional insurance on the life of the EmployeeAssociate. The parties hereto agree that the dividend election provisions of the Policy shall conform to the provisions hereof.

Policy Dividends. Any dividend declared on the Policy shall be applied to purchase paid-up additional insurance on the life of the EmployeeInsured. The parties hereto agree that the dividend election provisions of the Policy shall conform to the provisions hereofof this Section 7.

Policy Dividends. Any dividend declared on the Policy shall be applied to purchase paid-up additional insurance on the life of the Employee. The parties hereto agree that the dividend election provisions provision of the Policy shall conform to the provisions hereof.