Contract Debt. -Contract debt at any time means the loan on the contract plus the interest we have charged that is not yet due and that we have not yet added to the loan.
Appears in 2 contracts
Samples: Life Insurance Policy (Pruco Life Variable Insurance Account), Life Insurance Policy (Pruco Life of New Jersey Variable Insurance Account)
Contract Debt. -Contract Contract debt at any time means the loan on the contract contract, plus the interest we have charged charges that is not yet due and that we have not yet added to the loan.
Appears in 2 contracts
Samples: Life Insurance Policy (Pruco Life Variable Appreciable Account), Life Insurance Contract (Pruco Life Variable Appreciable Account)
Contract Debt. -Contract debt at any time means the loan on the contract contract, plus the interest we have charged that is not yet due and that we have not yet added to the loan. Loan Value.--You may borrow any amount up to the difference between the loan value and any existing contract debt. At any time the loan value is 90% of the net cash value.
Appears in 1 contract
Samples: Life Insurance Policy (Pruco Life of New Jersey Variable Appreciable Account)
