Variable Life Insurance Contract definition

Variable Life Insurance Contract or “Contract” means a life insurance contract that provides for death benefits and cash values that may vary with the investment experience of any separate account. Unless the context otherwise requires, “Variable Life Insurance Contract” or “Contract” refers to the Variable Life Insurance Contracts being offered pursuant to the registration statement prepared on this Form.
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Variable Life Insurance Contract. ’ or ‘‘Contract’’ means a life insurance contract that provides for death benefits and cash values
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Variable Life Insurance Contract or “Contract” means a life insurance contract that provides for death benefits and cash values that may vary with the investment experience of any separate account. Unless the context otherwise requires, “Variable Life
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Examples of Variable Life Insurance Contract in a sentence

  • Lower, II Secretary Chief Executive Officer Modified Single Premium Variable Life Insurance Contract Proceeds Payable at Death Non-Participating -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- CONTRACT DATA.

  • If outstanding Indebtedness is repaid in full during the reinstatement period, it will always be sufficient to reinstate a Modified Single Payment Variable Life Insurance Contract even if the Indebtedness is less than the amount otherwise necessary to reinstate the Contract.

  • Lower, II Secretary Chief Executive Officer Last Survivor Modified Single Premium Variable Life Insurance Contract Proceeds Payable upon Death of the Last Surviving Insured Non-Participating -------------------------------------------------------------------------------- TABLE OF CONTENTS -------------------------------------------------------------------------------- CONTRACT DATA.

  • SEPARATE ACCOUNTS UTILIZING THE FUNDS - LLAC Variable Account CONTRACTS FUNDED BY THE SEPARATE ACCOUNTS - Modified Single Premium Variable Life Contract - Flexible Premium Variable Life Insurance Contract All other terms and provisions of the Agreement not amended herein shall remain in full force and effect.


More Definitions of Variable Life Insurance Contract

Variable Life Insurance Contract means a contract of life insurance, sub­ ject to regulation under the insurance laws or code of every jurisdiction in which it is offered, issued by a separate account of a life insurer, which contract, so long as premiums are paid when due in accordance with its terms, provides for:
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Variable Life Insurance Contract means a contract of insurance that is within the class of life insurance for which all or part of the insurer’s liability under the contract, and the reserves for the liability, vary in amount depending on the market value of a specific group of assets. (« contrat d'assurance-vie à prestations variables »)
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