Fixed Account Value. On the Contract Date the Fixed Account Value equals: (1) the portion of the Net Premium allocated to the Fixed Account; less (2) the portion of the Monthly Deduction allocated to the Fixed Account. On each Valuation Day the Fixed Account Value will be equal to:
Appears in 4 contracts
Samples: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)
Fixed Account Value. On the Contract Date the Fixed Account Value equals:
(1) the portion of the Net Premium allocated to the Fixed Account; less
(2) the portion of the Monthly Deduction allocated to the Fixed Account. On each Valuation Day the Fixed Account Value will be equal to:: A + B + C - D - E - F
Appears in 2 contracts
Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)
Fixed Account Value. On the Contract Date contract date the Fixed Account Value fixed account value equals:
(1) the portion of the Net Premium premium allocated to the Fixed Accountfixed account; less
(2) the portion of the Monthly Deduction annual administration fee allocated to the Fixed Accountfixed account. On each Valuation Day valuation day the Fixed Account Value fixed account value will be equal to:: A + B - C - D - E "A" is the fixed account value on the preceding valuation date plus interest from the preceding valuation day to the date of calculation.
Appears in 1 contract
Samples: Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)