Common use of Any Partial Surrenders Clause in Contracts

Any Partial Surrenders. If the Insured dies by suicide, while sane or insane, within two years after the effective date of an increase in Face Amount according to Section 5.3, the Death Proceeds with respect to the increase are limited to the Cost of Insurance for the increase (see Section 7.2) plus the Initial Monthly Administrative Charge for the increase included in any Monthly Deduction(s) made.

Appears in 2 contracts

Samples: Lb Variable Insurance Account I, Lbvip Variable Insurance Account

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Any Partial Surrenders. If the Insured dies by suicide, while sane or insane, within two years after the effective date of an increase in Face Amount according to Section 5.36.1, the Death Proceeds with respect to the increase are limited to the Cost of Insurance for the increase (see Section 7.2) plus the Initial Monthly Administrative Charge for the increase included in any Monthly Deduction(s) made9.2).

Appears in 2 contracts

Samples: Thrivent Variable Life Account 1, Thrivent Variable Life Account 1

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