Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target premium for each segment bears to the total commission target premium of the policy.
Appears in 11 contracts
Sources: Selling Agreement (Southland Separate Account L1), Selling Agreement (Security Life Separate Account L1), Selling Agreement (Southland Separate Account L1)
Premium Allocation. If the Stated Death Benefit has been increased since ------------------ the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target guideline annual premium for each segment bears to the total commission target guideline annual premium of the policy.
Appears in 3 contracts
Sources: Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1), Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1), Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account A1)
Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target guideline annual premium for each segment bears to the total commission target guideline annual premium of the policy.
Appears in 1 contract
Sources: Selling Agreement (Security Life Separate Account L1)
Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target premium for each segment bears to the total commission target premium of the policy.
Appears in 1 contract
Sources: Selling Agreement (Security Life Separate Account L1)