Common use of Target Premium Clause in Contracts

Target Premium. The target premium is an annual amount determined from -------------- tables published by SECURITY LIFE with respect to a policy or rider upon which commissions are based. As it applies to future business, the target premium may be changed from time to time by SECURITY LIFE. The target premium applicable to a particular coverage shall be determined from the table in force when the first premium for such coverage is entered as paid in the accounting records of SECURITY LIFE.

Appears in 3 contracts

Samples: Selling Agreement (Security Life Separate Account A1), Security Life Separate Account L1, Security Life Separate Account L1

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Target Premium. The target premium is an annual amount determined from tables -------------- tables published by SECURITY LIFE with respect to a policy or rider upon which commissions are based. As it applies to future business, the target premium may be changed from time to time by SECURITY LIFE. The target premium applicable to a particular coverage shall be determined from the table in force when the first premium for such coverage is entered as paid in the accounting records of SECURITY LIFE.. Schedule B Form No. 1191 (VUL) & 1197 (VUL) 05/1/95

Appears in 2 contracts

Samples: Selling Agreement (Security Life Separate Account A1), Security Life Separate Account L1

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Target Premium. The target premium is an annual amount determined from tables -------------- tables published by SECURITY LIFE with respect to a policy or rider upon which commissions are based. As it applies to future business, the target premium may be changed from time to time by SECURITY LIFE. The target premium applicable to a particular coverage shall be determined from the table in force when the first premium for such coverage is entered as paid in the accounting records of SECURITY LIFE.

Appears in 1 contract

Samples: Security Life Separate Account L1

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