Insufficient Value. If, on a Valuation Date, the Account Value less the outstanding Policy Debt is less than or equal to zero, then this Policy will terminate for no value, subject to the Grace Period provision.
Appears in 4 contracts
Samples: Flexible Premium Variable Universal Life Insurance Policy (Sun Life of Canada U S Variable Account I), Flexible Premium Variable Universal Life Insurance Policy (Sun Life (N.Y.) Variable Account J), Flexible Premium Variable Universal Life Insurance Policy (Sun Life Ny Variable Account D)
Insufficient Value. If, If on a Valuation Date, Date the Account Value less the outstanding Policy Debt is less than or equal to zero, then this the Policy will terminate for no value, subject to the Grace Period provision.
Appears in 1 contract
Insufficient Value. If, If on a Valuation Date, Date the Account Value less the outstanding Policy Debt is less than or equal to zero, then this Policy will terminate for no value, subject to the Grace Period provision.
Appears in 1 contract
Samples: Flexible Premium Variable Universal Life Insurance Policy (Sun Life (N.Y.) Variable Account J)
