Common use of CONTRACT VALUE Clause in Contracts

CONTRACT VALUE. On the Contract Date the Contract Value equals: (1) the initial Net Premium paid; less (2) the Monthly Deduction, as defined in Section 3.17 of this contract. On any day after the Contract Date, the Contract Value is equal to the Fixed Account Value (including the loan account value) plus the Variable Account Value.

CONTRACT VALUE. On the Contract Date contract date the Contract Value contract value equals: (1) the initial Net Premium premium paid; less (2) the Monthly Deduction, as defined annual administration fee shown in Section 3.17 of this contract1, Contract Data. On any day after the Contract Date, contract date the Contract Value contract value is equal to the Fixed Account Value (including fixed account value plus the loan variable account value) plus . We will deduct the Variable Account Valueannual administration fee shown in Section 1, Contract Data (if applicable), from the contract value at the beginning of each contract year.

CONTRACT VALUE. On the Contract Date contract date the Contract Value equals: (1) contract value equals the initial Net Premium premium paid; less (2) the Monthly Deduction, as defined in Section 3.17 of this contract. On any day after the Contract Date, contract date the Contract Value contract value is equal to the Fixed Account Value (including fixed account value plus the loan variable account value) plus the Variable Account Value.

CONTRACT VALUE. On the Contract Date the Contract Value equals: (1) the initial Net Premium paid; less (2) the Monthly Deduction, as defined in Section 3.17 of this contract3.17, Monthly Deduction. On any day after the Contract Date, the Contract Value is equal to the Fixed Account Value (including the loan account value) plus the Variable Account Value.

CONTRACT VALUE. On the Contract Date the Contract Value equals: (1) the initial Net Premium paid; less (2) the Monthly Deduction, as defined in Section 3.17 of this contract3.17, Monthly Deduction. On any day after the Contract Date, the Contract Value is equal to the Fixed Account Value (including the loan account value) plus the Variable Account Value.. ICC19J210 17

CONTRACT VALUE. On the Contract Date contract date the Contract Value contract value equals: (1) the initial Net Premium premium paid; less (2) the Monthly Deduction, as defined annual administration fee shown in Section 3.17 of this contract1, Contract Data. On any day after the Contract Date, contract date the Contract Value contract value is equal to the Fixed Account Value (including fixed account value plus the loan variable account value) plus . We will deduct the Variable Account Valueannual administration fee shown in Section 1, Contract Data, (if applicable), from the contract value at the beginning of each contract year.

CONTRACT VALUE. On the Contract Date the Contract Value equals: (1) the initial Net Premium paid; lessless ICC19J210 (2) the Monthly Deduction, as defined in Section 3.17 of this contract3.17, Monthly Deduction. On any day after the Contract Date, the Contract Value is equal to the Fixed Account Value (including the loan account value) plus the Variable Account Value.

CONTRACT VALUE. On the Contract Date contract date the Contract Value contract value equals: (1) the initial Net Premium premium paid; less (2) the Monthly Deduction, as defined annual administration fee shown in Section 3.17 of this contract1, Contract Data. On any day after the Contract Date, contract date the Contract Value contract value is equal to the Fixed Account Value (including fixed account value plus the loan variable account value) plus . The annual administration fee shown in Section 1, Contract Data, if applicable, will be deducted from the Variable Account Valuecontract value at the beginning of each contract year.