Common use of Unscheduled Premiums Clause in Contracts

Unscheduled Premiums. You may pay unscheduled premiums at any time. We reserve the right to limit the number and amount of unscheduled premium payments. We may require satisfactory evidence of insurability prior to accepting any unscheduled premium payments. Unscheduled premiums are subject to the requirements of Section 5.2, Right to Refund, if such premiums would require an increase in the death benefit under Section 7702 of the Internal Revenue Code, as amended.

Appears in 4 contracts

Samples: Kansas City Life Variable Life Separate Account, Kansas City Life Variable Life Separate Account, Flexible Premium Variable (Kansas City Life Variable Life Separate Account)

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Unscheduled Premiums. You may pay unscheduled premiums at any time. We reserve the right to limit the number and amount of unscheduled premium payments. We may require satisfactory evidence of insurability prior to accepting any unscheduled premium payments. Unscheduled premiums are subject to the requirements of Section 5.2, Right to Refund, if such premiums would require an increase in the death benefit under Section 7702 of the Internal Revenue Code, as amended.. J177

Appears in 2 contracts

Samples: Flexible Premium Variable (Kansas City Life Variable Life Separate Account), Flexible Premium Variable (Kansas City Life Variable Life Separate Account)

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Unscheduled Premiums. You may pay unscheduled premiums at any time. We reserve the right to limit the number and amount of unscheduled premium payments. We may require satisfactory evidence of insurability prior to accepting any unscheduled premium payments. Unscheduled premiums are subject to the requirements of Section 5.2, Right to Refund, if such premiums would require an increase in the death benefit under Section 7702 of the Internal Revenue Code, as amended.

Appears in 2 contracts

Samples: Kansas City Life Variable Life Separate Account, Kansas City Life Variable Life Separate Account

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