Minimum Death Benefit. To ensure that this Contract continues to qualify as life insurance under the Internal Revenue Code of 1986, as amended (the "Code"), we will also calculate a Minimum Death Benefit for each Valuation Date. The Minimum Death Benefit on a Valuation Date is equal to (a) times (b), where:
Appears in 3 contracts
Samples: Sage Variable Life Account A, Sage Variable Life Account A, Sage Variable Life Account A
Minimum Death Benefit. To ensure that this Contract continues to qualify as life insurance under the Internal Revenue Code of 1986, as amended (the "Code"), we will also calculate a Minimum Death Benefit for each Valuation Date. The Minimum Death Benefit on a the Valuation Date is equal to (a) times (b), where:
Appears in 1 contract
Samples: Sage Variable Life Account A