Common use of DEATH BENEFIT GUARANTEE Clause in Contracts

DEATH BENEFIT GUARANTEE. The Death Benefit Guarantee Period is elected at issue and shown on the Policy Schedule Pages (page 3). The Death Benefit Guarantee is active if it was elected and has not terminated or expired. Under the Death Benefit Guarantee, this Policy may remain in force even if the Cash Surrender Value is less than the Monthly Policy Charge. This Policy is in force under the Death Benefit Guarantee if all of the following are true: • the Death Benefit Guarantee Premium Test is met or this Policy is in a Death Benefit Guarantee Grace Period (Section 4.6); • the Cash Surrender Value on a monthly processing date is less than the Monthly Policy Charge; and • the Death Benefit Guarantee is active.

DEATH BENEFIT GUARANTEE. The Death Benefit Guarantee Period is elected at issue and shown on the Policy Schedule Pages (page 3). The Death Benefit Guarantee is active if it was elected and has not terminated or expired. Under the Death Benefit Guarantee, this Policy may remain in force even if the Cash Surrender Value is less than the Monthly Policy Charge. This Policy is in force under the Death Benefit Guarantee if all of the following are true: • the Death Benefit Guarantee Premium Test is met or this Policy is in a Death Benefit Guarantee Grace • Period (Section 4.6); • the Cash Surrender Value on a monthly processing date is less than the Monthly Policy Charge; and • the Death Benefit Guarantee is active.

DEATH BENEFIT GUARANTEE. The Death Benefit Guarantee Period is elected at issue and shown on the Policy Schedule Pages (page 3). The Death Benefit Guarantee is active if it was elected and has not terminated or expired. Under the Death Benefit Guarantee, this Policy may remain in force even if the Cash Surrender Value is less than the Monthly Policy Charge. This Policy is in force under the Death Benefit Guarantee if all of the following are true: • · the Death Benefit Guarantee Premium Test is met or this Policy is in a Death Benefit Guarantee Grace Period (Section 4.6); • · the Cash Surrender Value on a monthly processing date is less than the Monthly Policy Charge; and • · the Death Benefit Guarantee is active.