Monthly Deduction End Date. Provided the Policy is still In Force, coverage will continue on and after the Monthly Deduction End Date, subject to all Policy provisions, with all of the following exceptions and clarifications: · Monthly Deductions will cease; · Premiums will not be accepted, except amounts required to keep the Policy In Force; · Loans will be allowed; · Loan repayments will be permitted; · Loan Interest Charges and Loan Interest Credits will continue to accrue; and · Withdrawals will not be allowed.
Appears in 4 contracts
Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
Monthly Deduction End Date. Provided the Policy policy is still In Force, coverage will continue on and after the Monthly Deduction End Date, subject to all Policy policy provisions, with all of the following these exceptions and clarifications: · • Monthly Deductions will cease; · • Premiums will not be accepted, except amounts required to keep the Policy policy In Force; · • Loans will be allowed; · • Loan repayments will be permitted; · • Loan Interest Charges and Loan Interest Credits will continue to accrue; and · • Withdrawals will not be allowed.
Appears in 3 contracts
Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
Monthly Deduction End Date. Provided the Policy is still In Force, coverage will continue on and after the Monthly Deduction End Date, subject to all Policy provisions, with all of the following exceptions and clarifications: · • Monthly Deductions will cease; · • Premiums will not be accepted, except amounts required to keep the Policy In Force; · • Loans will be allowed; · • Loan repayments will be permitted; · • Loan Interest Charges and Loan Interest Credits will continue to accrue; and · • Withdrawals will not be allowed.
Appears in 1 contract
Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)
