Common use of Contract Years Clause in Contracts

Contract Years. Tabular values after the 20th contract year will be the net level premium reserves, taking into account the increase in scheduled premium amount on the Contract Change Date. To compute them, we will use the mortality tables and interest rate we describe above. There will be the same exclusions.

Appears in 3 contracts

Samples: Life Insurance Policy (Pruco Life Variable Appreciable Account), Life Insurance Contract (Pruco Life Variable Appreciable Account), Life Insurance Policy (Pruco Life of New Jersey Variable Appreciable Account)

AutoNDA by SimpleDocs

Contract Years. Tabular values after the 20th contract year will be the net level premium reserves, taking into account the increase in scheduled premium amount on the Contract Change Date. To compute them, we will use the mortality tables and interest rate we describe above. There will be the same exclusions.. Minimum Legal Values.--The cash, loan and other values in this contract are at least as large as those set by law where it is delivered. Where required, we have given the insurance regulator a detailed statement of how we compute values and benefits. Pruco Life Insurance Company,

Appears in 1 contract

Samples: Life Insurance Policy (Pruco Life Variable Appreciable Account)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!