Policy Illustrations Sample Clauses

Policy Illustrations. Upon request we will give you a hypothetical illustration of the future benefits under this policy based upon both guaranteed and current cost factor assumptions. Such illustrations reflect assumptions about the policy’s non-guaranteed elements and about how you will use the policy’s options. Over time the policy’s actual non-guaranteed elements, and your actual use of the policy’s options, are likely to vary from the assumptions used in such illustrations. For these reasons, actual policy values will likely be more or less favorable than shown in such illustrations. We reserve the right to charge a fee not to exceed $25 for each illustration in excess of one per policy year.
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Policy Illustrations. Upon request we will give you an illustration of the future benefits under this policy based upon both guaranteed and current cost factor assumptions. However, if you ask us to do this more than once in any policy year, we reserve the right to charge you a fee not to exceed $25 per request for this service. Illustrated benefits that are not guaranteed, such as benefits based on the current cost factor assumptions, will vary depending upon a number of factors, including but not limited to, changes in future investment performance.
Sample 1Sample 2Sample 3See All (4)
Policy Illustrations. Upon request we will give you a hypothetical illustration of the future benefits under this Policy based upon both guaranteed and current cost factor assumptions. Such illustrations reflect assumptions about the Policy’s non-guaranteed elements and about how you will use the Policy’s options. Over time the Policy’s actual non-guaranteed elements, and your actual use of the Policy’s options, are likely to vary from the assumptions used in such illustrations. In addition, the order in which we process requested transactions may vary between the illustration we provide and policy administration. For these reasons, actual Policy values will likely be more or less favorable than shown in such illustrations. We reserve the right to charge a fee not to exceed the amount shown in the Illustration Conditions section of the Policy Specifications for each illustration in excess of one per Policy year.
Sample 1Sample 2
Policy Illustrations. Allmerica Financial agrees to develop illustration software to be used with the Policy Forms. Transamerica understands and agrees that such software shall be substantially similar to the illustration software currently used by Allmerica Financial in its variable life insurance business. Allmerica Financial agrees to finalize such illustration software within a mutually agreeable time frame after the date the final specifications for the Policy Forms are agreed to by the parties. In addition to the foregoing, Allmerica Financial agrees to modify its illustration software whenever modifications are necessary to comply with any regulatory and/or statutory changes applicable to illustrations used in connection with the sale and servicing of the Policy Forms. Allmerica Financial represents and warrants that illustrations produced by such illustration software shall comply with all applicable state and federal regulatory and statutory requirements. This warranty shall survive termination of this Agreement.
Sample 1Sample 2
Policy Illustrations. Upon request we will give you an illustration of the future benefits under this policy, based upon both guaranteed and current cost factor assumptions. POLICY CHANGES. You may add additional benefit riders or make other changes, subject to our rules at the time of change. TABLE OF GUARANTEED PAYMENTS (MINIMUM AMOUNT FOR EACH $1,000 APPLIED) OPTION 2A OPTION 3 FIXED PERIOD INSTALLMENTS MONTHLY LIFE INCOME ------------------------- ------------------- NUMBER OF 10 YEARS CERTAIN 20 YEARS CERTAIN REFUND CERTAIN YEARS' MONTHLY ANNUAL ---------------- ---------------- -------------- INSTALLMENTS INSTALLMENT INSTALLMENT AGE MALE FEMALE MALE FEMALE MALE FEMALE ------------ ----------- ----------- --- ---- ------ ---- ------ ---- ------ 1 $84.28 $1,000.00 50 $3.48 $3.19 $3.42 $3.17 $3.37 $3.14 2 42.66 506.17 51 3.54 3.23 3.47 3.21 3.42 3.17 3 28.79 341.60 52 3.59 3.28 3.51 3.25 3.46 3.21 4 21.86 259.33 53 3.65 3.32 3.56 3.29 3.51 3.25 5 17.70 210.00 54 3.70 3.37 3.61 3.33 3.56 3.29 6 14.93 177.12 55 3.77 3.42 3.66 3.37 3.61 3.34 7 12.95 153.65 56 3.83 3.47 3.72 3.42 3.67 3.38 8 11.47 136.07 57 3.90 3.52 3.77 3.47 3.72 3.43 9 10.32 122.40 58 3.97 3.58 3.83 3.52 3.78 3.48 10 9.39 111.47 59 4.04 3.64 3.88 3.57 3.84 3.53 11 8.64 102.54 60 4.12 3.70 3.94 3.62 3.90 3.58 12 8.02 95.11 61 4.20 3.76 4.00 3.68 3.97 3.64 13 7.49 88.83 62 4.29 3.83 4.06 3.74 4.04 3.69 14 7.03 83.45 63 4.38 3.90 4.12 3.79 4.11 3.75 15 6.64 78.80 64 4.48 3.98 4.18 3.85 4.19 3.82 16 6.30 74.73 65 4.58 4.06 4.25 3.92 4.26 3.88 17 6.00 71.15 66 4.68 4.14 4.31 3.98 4.35 3.95 18 5.73 67.97 67 4.79 4.23 4.37 4.04 4.43 4.02 19 5.49 65.13 68 4.90 4.32 4.43 4.11 4.52 4.10 20 5.27 62.58 69 5.02 4.42 4.50 4.18 4.62 4.18 21 5.08 60.28 70 5.14 4.52 4.56 4.25 4.71 4.26 22 4.90 58.19 71 5.26 4.63 4.62 4.31 4.82 4.35 23 4.74 56.29 72 5.39 4.75 4.67 4.38 4.92 4.44 24 4.60 54.55 73 5.52 4.87 4.73 4.45 5.03 4.53 25 4.46 52.95 74 5.66 4.99 4.78 4.51 5.14 4.63 26 4.34 51.48 75 5.80 5.12 4.83 4.58 5.27 4.74 27 4.22 50.12 76 5.95 5.26 4.88 4.64 5.39 4.84 28 4.12 48.87 77 6.10 5.40 4.93 4.70 5.53 4.96 29 4.02 47.70 78 6.25 5.55 4.97 4.75 5.66 5.08 30 3.93 46.61 79 6.40 5.70 5.01 4.80 5.80 5.20 80 6.56 5.85 5.04 4.86 5.96 5.33 81 6.72 6.01 5.08 4.90 6.11 5.45 82 6.88 6.18 5.11 4.95 6.27 5.60 83 7.04 6.34 5.13 4.99 6.43 5.73 84 7.20 6.51 5.16 5.03 6.62 5.89 85 & over 7.36 6.67 5.18 5.07 6.81 6.04 If installments are paid every 3 months, they Amounts for Monthly Life Income are based on age nearest birthday will be 25.23%...
Sample 1
Policy Illustrations. Upon request we will give you an illustration of the future benefits under this policy based upon both guaranteed and current cost factor assumptions. However, if you ask us to do this more than once in any policy year, we reserve the right to charge you a fee for this service. POLICY CHANGES. You may add additional benefit riders or make other changes, subject to our rules at the time of change. TABLE OF GUARANTEED PAYMENTS (MINIMUM AMOUNT FOR EACH $1,000 APPLIED) OPTION 2A OPTION 3
Sample 1

Related to Policy Illustrations

  • Insurance and Fingerprint Requirements Information Insurance If applicable and your staff will be on TIPS member premises for delivery, training or installation etc. and/or with an automobile, you must carry automobile insurance as required by law. You may be asked to provide proof of insurance. Fingerprint It is possible that a vendor may be subject to Chapter 22 of the Texas Education Code. The Texas Education Code, Chapter 22, Section 22.0834. Statutory language may be found at: xxxx://xxx.xxxxxxxx.xxxxx.xxxxx.xx.xx/ If the vendor has staff that meet both of these criterion: (1) will have continuing duties related to the contracted services; and (2) has or will have direct contact with students Then you have ”covered” employees for purposes of completing the attached form. TIPS recommends all vendors consult their legal counsel for guidance in compliance with this law. If you have questions on how to comply, see below. If you have questions on compliance with this code section, contact the Texas Department of Public Safety Non-Criminal Justice Unit, Access and Dissemination Bureau, FAST-FACT at XXXX@xxxxx.xxxxx.xx.xx and you should send an email identifying you as a contractor to a Texas Independent School District or ESC Region 8 and TIPS. Texas DPS phone number is (000) 000-0000. See form in the next attribute to complete entitled: Texas Education Code Chapter 22 Contractor Certification for Contractor Employees

  • Maintenance of the Primary Insurance Policies; Collections Thereunder (a) The Master Servicer shall not take, or permit any Subservicer to take, any action which would result in non-coverage under any applicable Primary Insurance Policy of any loss which, but for the actions of the Master Servicer or Subservicer, would have been covered thereunder. To the extent coverage is available, the Master Servicer shall keep or cause to be kept in full force and effect each such Primary Insurance Policy until the principal balance of the related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or less of the Appraised Value in the case of such a Mortgage Loan having a Loan-to-Value Ratio at origination in excess of 80%, provided that such Primary Insurance Policy was in place as of the Cut-off Date and the Company had knowledge of such Primary Insurance Policy. The Master Servicer shall be entitled to cancel or permit the discontinuation of any Primary Insurance Policy as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage Loan is reduced below an amount equal to 80% of the appraised value of the related Mortgaged Property as determined in any appraisal thereof after the Closing Date, or if the Loan-to-Value Ratio is reduced below 80% as a result of principal payments on the Mortgage Loan after the Closing Date. In the event that the Company gains knowledge that as of the Closing Date, a Mortgage Loan had a Loan-to-Value Ratio at origination in excess of 80% and is not the subject of a Primary Insurance Policy (and was not included in any exception to the representation in Section 2.03(b)(iv)) and that such Mortgage Loan has a current Loan-to-Value Ratio in excess of 80% then the Master Servicer shall use its reasonable efforts to obtain and maintain a Primary Insurance Policy to the extent that such a policy is obtainable at a reasonable price. The Master Servicer shall not cancel or refuse to renew any such Primary Insurance Policy applicable to a Nonsubserviced Mortgage Loan, or consent to any Subservicer canceling or refusing to renew any such Primary Insurance Policy applicable to a Mortgage Loan subserviced by it, that is in effect at the date of the initial issuance of the Certificates and is required to be kept in force hereunder unless the replacement Primary Insurance Policy for such canceled or non-renewed policy is maintained with an insurer whose claims-paying ability is acceptable to each Rating Agency for mortgage pass-through certificates having a rating equal to or better than the lower of the then-current rating or the rating assigned to the Certificates as of the Closing Date by such Rating Agency.

  • Insurance and Fingerprint Requirements Information Insurance If applicable and your staff will be on TIPS member premises for delivery, training or installation etc. and/or with an automobile, you must carry automobile insurance as required by law. You may be asked to provide proof of insurance. Fingerprint It is possible that a vendor may be subject to Chapter 22 of the Texas Education Code. The Texas Education Code, Chapter 22, Section 22.0834. Statutory language may be found at: xxxx://xxx.xxxxxxxx.xxxxx.xxxxx.xx.xx/ If the vendor has staff that meet both of these criterion: (1) will have continuing duties related to the contracted services; and (2) has or will have direct contact with students Then you have ”covered” employees for purposes of completing the attached form. TIPS recommends all vendors consult their legal counsel for guidance in compliance with this law. If you have questions on how to comply, see below. If you have questions on compliance with this code section, contact the Texas Department of Public Safety Non-Criminal Justice Unit, Access and Dissemination Bureau, FAST-FACT at XXXX@xxxxx.xxxxx.xx.xx and you should send an email identifying you as a contractor to a Texas Independent School District or ESC Region 8 and TIPS. Texas DPS phone number is (000) 000-0000. See form in the next attribute to complete entitled: Texas Education Code Chapter 22 Contractor Certification for Contractor Employees

  • Personnel Policies The School shall adopt, update, and adhere to personnel policies. These policies must be made readily accessible from the School’s website or school office, as described in Section 11.4.1. If the policy is not available from the School’s website, the School shall submit the current policy to the Commission.

  • Maintenance of Primary Insurance Policies; Collections Thereunder The Master Servicer shall use commercially reasonable efforts to keep, and to cause the Servicers to keep, in full force and effect each Primary Insurance Policy (except any Special Primary Insurance Policy) required with respect to a Mortgage Loan, in the manner set forth in the applicable Selling and Servicing Contract, until no longer required, and the Master Servicer shall use commercially reasonable efforts to keep in full force and effect each Special Primary Insurance Policy, if any. Notwithstanding the foregoing, the Master Servicer shall have no obligation to maintain any Primary Insurance Policy for a Mortgage Loan for which the outstanding Principal Balance thereof at any time subsequent to origination was 80% or less of the Appraised Value of the related Mortgaged Property, unless required by applicable law. Unless required by applicable law, the Master Servicer shall not cancel or refuse to renew, or allow any Servicer under its supervision to cancel or refuse to renew, any Primary Insurance Policy in effect at the date of the initial issuance of the Certificates that is required to be kept in force hereunder; provided, however, that neither the Master Servicer nor any Servicer shall advance funds for the payment of any premium due under (i) any Primary Insurance Policy (other than a Special Primary Insurance Policy) if it shall determine that such an advance would be a Nonrecoverable Advance or (ii) any Special Primary Insurance Policy.

  • Maintenance of the Primary Insurance Policies (a) The Master Servicer shall not take, or permit any Servicer (to the extent such action is prohibited under the applicable Servicing Agreement) to take, any action that would result in noncoverage under any applicable Primary Insurance Policy of any loss which, but for the actions of such Master Servicer or Servicer, would have been covered thereunder. The Master Servicer shall use its best reasonable efforts to cause each Servicer (to the extent required under the related Servicing Agreement) to keep in force and effect (to the extent that the Mortgage Loan requires the Mortgagor to maintain such insurance), primary mortgage insurance applicable to each Mortgage Loan in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable. The Master Servicer shall not, and shall not permit any Servicer (to the extent required under the related Servicing Agreement) to, cancel or refuse to renew any such Primary Insurance Policy that is in effect at the date of the initial issuance of the Mortgage Note and is required to be kept in force hereunder except in accordance with the provisions of this Agreement and the related Servicing Agreement, as applicable.

  • Operation and Maintenance Manuals Receipts for transmittal of Operation and Maintenance Manuals, Brochures and Data to the Design Professional (or Commissioning Agent) as required by Section 6.1.1.5.

  • Umbrella Policies Contractor may satisfy basic coverage limits through any combination of basic coverage and umbrella insurance.

  • Deductibles and Self-Insurance Retentions Any deductibles or self-insured retentions must be declared to and approved by the City. The City may require the Consultant to provide proof of ability to pay losses and related investigation, claims administration and defense expenses within the deductible or self-insured retention. The deductible or self-insured retention may be satisfied by either the named insured or the City.

  • Trunk Group Architecture and Traffic Routing The Parties shall jointly engineer and configure Local/IntraLATA Trunks over the physical Interconnection arrangements as follows:

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