Common use of Modified Endowment Contracts Clause in Contracts

Modified Endowment Contracts. The Company shall ensure that any Prospectus offering a variable life insurance Contract in circumstances where it is reasonably probable that such Contract would be a "modified endowment contract," as that term is defined in Section 7702A of the Internal Revenue Code, will identify such Contract as a modified endowment contract.

Appears in 32 contracts

Samples: Participation Agreement (Horace Mann Life Insurance Co Separate Account), Participation Agreement (Variable Account D of Union Security Insurance Co), Fund Participation Agreement (Horace Mann Life Insurance Co Separate Account)

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Modified Endowment Contracts. The Company shall ensure that any Prospectus offering a variable life insurance Contract in circumstances where it is reasonably probable that such Contract would be a "modified endowment contract," as that term is defined in Section 7702A of the Internal Revenue Code, will identify such Contract as a modified endowment contract.

Appears in 12 contracts

Samples: Participation Agreement (Symetra Separate Account Sl), Participation Agreement (Jefferson National Life Annuity Account G), Participation Agreement (Coli Vul 2 Series Account)

Modified Endowment Contracts. The Company shall ensure that any Prospectus offering a variable life insurance Contract in circumstances where it is reasonably probable that such Contract would be a "modified endowment contract," as that term is defined in Section 7702A of the Internal Revenue Code, will identify such Contract as a modified endowment contract.

Appears in 7 contracts

Samples: Participation Agreement (Separate Account a of Pacific Life & Annuity Co), Participation Agreement (Thrivent Variable Annuity Account I), Participation Agreement (Mutual of America Separate Account No 2)

Modified Endowment Contracts. The Company shall ensure that any Prospectus offering a variable life insurance Contract in circumstances where it is reasonably probable that such Contract would be a "modified endowment contract," as that term is defined in Section 7702A of the Internal Revenue Code, will identify such Contract as a modified endowment contract.

Appears in 7 contracts

Samples: Participation Agreement (Brighthouse Fund UL for Variable Life Insurance), Participation Agreement (Variable Annuity Life Insurance Co Separate Account A), Participation Agreement (Aul American Individual Variable Annuity Unit Trust)

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Modified Endowment Contracts. The Company shall ensure that any Prospectus offering a variable life insurance Contract contract in circumstances where it is reasonably probable that such Contract would be a "modified endowment contract," as that term is defined in Section 7702A of the Internal Revenue Code, will identify such Contract as a modified endowment contract.

Appears in 1 contract

Samples: Participation Agreement (National Variable Annuity Account Ii)

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