Common use of Right of Exchange Clause in Contracts

Right of Exchange. Within 24 months from the Policy Date, you may exchange this Policy for a new fixed benefit life insurance policy on the life of the Insured. We will not require evidence of insurability for this exchange. CONDITIONS: Your right to make this exchange is subject to the following conditions:

Appears in 3 contracts

Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 5, Nationwide Vli Separate Account 4

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Right of Exchange. Within 24 months from the Policy Date, you may exchange this Policy policy for a new fixed benefit life insurance policy on the life of the Insured. We will not require evidence of insurability for this exchange. CONDITIONS: Your right to make this exchange is subject to the following conditions:

Appears in 1 contract

Samples: Nationwide VLI Separate Account-7

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