Common use of DIVIDEND AT DEATH Clause in Contracts

DIVIDEND AT DEATH. If a dividend is payable under Section 5.1, a dividend for the period from the beginning of the Policy year to the date of the Insured’s death may be payable as part of the Life Insurance Benefit.

Appears in 4 contracts

Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)

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DIVIDEND AT DEATH. If a dividend is payable under Section 5.1, a dividend for the period from the beginning of the Policy year to the date of the Insured’s death may will be payable as part of the Life Insurance Benefit.. UU.VULP.(1019) 20 NY

Appears in 2 contracts

Samples: Individual Flexible Premium Variable Adjustable Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)

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