Common use of Premium Load Clause in Contracts

Premium Load. The Premium Load is equal to the premium paid multiplied by the Premium Load Rate. The Premium Load Rate we use will not exceed the Maximum Premium Load Rate shown in the Policy Specifications.

Appears in 14 contracts

Samples: Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins), Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins), Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins)

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Premium Load. The Premium Load is equal to the premium paid multiplied by the applicable Premium Load Rate. The Premium Load Rate we use will not exceed the Maximum Premium Load Rate Rates shown in the Policy Specifications, and is based on what portion of any premium payment is being used to satisfy the Premium Load Threshold.

Appears in 2 contracts

Samples: Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins), Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins)

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