Common use of Continuation of Insurance Coverage Clause in Contracts

Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the first of the following events to occur: 1) The date of death of the Insured. 2) The end of the grace period if the premium required to keep this contract in force has not been paid. 3) The date you surrender this contract. 4) The date this contract terminates from excess loan under Section 10.6. ----------------------------------------------------------------------- 5. DEATH BENEFITS -----------------------------------------------------------------------

Appears in 2 contracts

Samples: Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1), Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1)

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Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the first of the following events to occur: earliest of: 1) The date of death of the Insured. ; 2) The end of the grace period if the premium required to keep this contract in force has not been paid. ; 3) The date you surrender this contract. ; and 4) The date this contract terminates from excess loan under Section 10.6. ----------------------------------------------------------------------- 5. DEATH BENEFITS -----------------------------------------------------------------------8.

Appears in 2 contracts

Samples: Variable Life Insurance Contract (Lbvip Variable Insurance Account), Variable Life Insurance Agreement (Lb Variable Insurance Account I)

Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the first of the following events to occurearliest of: 1) The date of death of the Insured.; 2) The Maturity Date; 3) The end of the grace period if the premium required to keep this contract in force has not been paid.; 34) The date you surrender this contract.; and 45) The date this contract terminates from excess loan under Section 10.68.5. ----------------------------------------------------------------------- 5============================================================================ 7. DEATH BENEFITS -----------------------------------------------------------------------MONTHLY DEDUCTION ============================================================================

Appears in 1 contract

Samples: Variable Life Insurance Contract (Lbvip Variable Insurance Account)

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Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the first of the following events to occurearliest of: 1) The date of death of the Insured.; 2) The Maturity Date; 3) The end of the grace period if the premium required to keep this contract in force has not been paid.; 34) The date you surrender this contract.; and 45) The date this contract terminates from excess loan under Section 10.6. ----------------------------------------------------------------------- 5. DEATH BENEFITS -----------------------------------------------------------------------8.5.

Appears in 1 contract

Samples: Variable Life Insurance Contract (Lb Variable Insurance Account I)

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