Common use of Changes in the Specified Amount Clause in Contracts

Changes in the Specified Amount. The Specified Amount may be changed after the contract has been in force for one year. Once the Specified Amount has been changed, it cannot be changed again for the next twelve months. Specified Amount changes are subject to the conditions outlined below. Changes in the Specified Amount will be effective on the Monthly Anniversary Day on or following the date we approve your application.

Appears in 3 contracts

Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

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Changes in the Specified Amount. The Specified Amount may be changed after the contract has been in force for one year. Once the Specified Amount has been changed, it cannot be changed again for the next twelve months. Specified Amount changes are subject to the conditions outlined below. Changes in the Specified Amount will be effective on the Monthly Anniversary Day on or following the date we approve your application.. ICC19J210

Appears in 1 contract

Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

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