Common use of Systematic Distribution Program Clause in Contracts

Systematic Distribution Program. is a program of periodic distribution of policy values that we designate as a Systematic Distribution Program. We reserve the right to discontinue such a program at any time. The program includes periodic distribution to you of a portion of the policy’s Accumulated Value through policy loans and withdrawals while the Insured is alive and the policy is In Force. Contact the Company for details of how this program works.

Appears in 3 contracts

Sources: Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

Systematic Distribution Program. is a program of periodic distribution of policy Policy values that we designate as a Systematic Distribution Program. We reserve the right to discontinue such a program at any time. The program includes periodic distribution to you of a portion of the policyPolicy’s Accumulated Value through policy Policy loans and withdrawals while the Insured is alive and the policy Policy is In Force. Contact the Company for details of how this program works.

Appears in 2 contracts

Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

Systematic Distribution Program. is a program of periodic distribution of policy Policy values that we designate as a Systematic Distribution Program. We reserve the right to discontinue such a program at any time. The program includes periodic distribution to you of a portion of the policyPolicy’s Accumulated Value through policy Policy loans and withdrawals while the Insured is alive and the policy Policy is In Force. Contact the Company for details of how this program works.. ICC15 P15PVA

Appears in 1 contract

Sources: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)