Common use of Change of Plan Clause in Contracts

Change of Plan. While the Insured is living, the Owner may change this Policy to a life insurance plan agreed to by the Owner and the Company by: • paying the required costs; and • meeting any other conditions set by the Company.

Appears in 4 contracts

Samples: Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II

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Change of Plan. While the Insured is living, the The Owner may change this Policy policy to a any permanent life insurance plan agreed to by the Owner and the Company by: - paying the required costs; and - meeting any other conditions set by the Company.

Appears in 2 contracts

Samples: Northwestern Mutual Variable Life Account, Northwestern Mutual Variable Life Account

Change of Plan. While the Insured is living, the Owner may change this Policy to a life insurance plan agreed to by the Owner and the Company by: • paying an administrative charge of $250; • paying the required costsamount necessary, if any, to change to the new plan; • meeting insurability requirements (Section 1.8); and • meeting submitting any other conditions set forms required by the Company.

Appears in 1 contract

Samples: Northwestern Mutual Variable Life Account II

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Change of Plan. While the Insured is living, the Owner may change this Policy to a life insurance plan agreed to by the Owner and the Company by: · paying an administrative charge of $250; · paying the required costsamount necessary, if any, to change to the new plan; · meeting insurability requirements (Section 1.8); and • meeting · submitting any other conditions set forms required by the Company.

Appears in 1 contract

Samples: Northwestern Mutual Variable Life Account II

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