Common use of Insufficient Value Clause in Contracts

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: Service Office (Sun Life Ny Variable Account D), Sun Life of Canada U S Variable Account I, Sun Life of Canada U S Variable Account G

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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

Samples: Sun Life of Canada U S Variable Account G

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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: Sun Life (N.Y.) Variable Account J

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