Common use of Death Benefit Options Clause in Contracts

Death Benefit Options. This Policy provides for three Death Benefit Options. The option in effect is shown on the Policy Schedule Pages (page 3). Specified Amount (Option A) - The Death Benefit is the greater of: • the Specified Amount; or • the Minimum Death Benefit.

Appears in 5 contracts

Samples: Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II, Northwestern Mutual Variable Life Account II

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Death Benefit Options. This Policy provides for three Death Benefit Options. The option in effect is shown on the Policy Schedule Pages (page 3). Specified Amount (Option A) - The Death Benefit is the greater of: · the Specified Amount; or · the Minimum Death Benefit.

Appears in 1 contract

Samples: Northwestern Mutual Variable Life Account II

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