Decreases In Coverage. A coverage decrease will be applied to a last previous coverage increase, if any, or to the initial coverage should no coverage increase have taken place. Such decrease will not reduce target premium.
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Samples: Agreement of General Agency (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Agreement of General Agency (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Field Representative Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co)
Decreases In Coverage. A coverage decrease will be applied to a last previous coverage increase, if any, or to the initial coverage should no coverage increase have taken place. Such decrease will not serve to reduce target premium.premium for the full period so that any regular compensation on subsequent premium received will be
Appears in 1 contract
Decreases In Coverage. A coverage decrease will be applied to a last previous coverage increase, if any, or to the initial coverage should no coverage increase have taken place. Such decrease will not serve to reduce target premium.premium for the full period so that any regular compensation on subsequent premium received will be based on
Appears in 1 contract
