Guideline Premium Test. If this test applies to your policy, the Minimum Death Benefit at any time will be the minimum amount required for this policy to qualify as a life insurance contract under the Code, but not less than the Accumulated Value multiplied by the Death Benefit Percentage for the Age of the Insured as shown in the following table.
Appears in 6 contracts
Samples: Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins
Guideline Premium Test. If this test applies to your policy, the Minimum Death Benefit at any time will be the minimum amount required for this policy to qualify as a life insurance contract under the Code, but not less than the Accumulated Value multiplied by the Death Benefit Percentage percentage for the Age of the Insured as shown in the following table.
Appears in 3 contracts
Samples: Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Account of Pacific Life & Annui
Guideline Premium Test. If this test applies to your policy, the Minimum Death Benefit at any time will be the minimum amount required for this policy to qualify as a life insurance contract under the Code, but not no less than the Accumulated Value multiplied by the Death Benefit Percentage for the Age of the Insured as shown in the following table.
Appears in 3 contracts
Samples: Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins), Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins), Pacific Life (Pacific Select Exec Separate Acct Pacific Life Ins)
Guideline Premium Test. If this test applies to your policy, the Minimum Death Benefit at any time will be the minimum amount required for this policy to qualify as a life insurance contract under the Code, but not less than the Accumulated Value multiplied by the Death Benefit Percentage percentage for the Age of the younger Insured as shown in the following table.
Appears in 2 contracts
Samples: Pacific Select Exec Separate Acct Pacific Life Ins, Pacific Select Exec Separate Acct Pacific Life Ins