NET PREMIUM. The net premium is the amount of each premium paid that is available for allocation to the Divisions of the Separate Account. The amount of the net premium will be: - the premium paid; less - the Premium Expense Charge. The Premium Expense Charge will consist of the amounts shown on page 4.
Appears in 6 contracts
Samples: Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account)
NET PREMIUM. The net premium Net Premium is the amount of each premium paid that is available for allocation to the Divisions of the Separate Account and/or the NM Strength and Stability Account. The amount of the net premium Net Premium will be: - • the premium paid; less - • the Premium Expense Charge. The Premium Expense Charge will consist of the amounts shown on the Policy Schedule Pages (page 4).
Appears in 4 contracts
Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)
NET PREMIUM. The net premium Net Premium is the amount of each premium paid that is available for allocation to the Divisions of the Separate Account. The amount of the net premium Net Premium will be: - • the premium paid; less - • the Premium Expense Charge. The Premium Expense Charge will consist of the amounts shown on the Policy Schedule Pages (page 4).
Appears in 1 contract
NET PREMIUM. The net premium Net Premium is the amount of each premium paid that is available for allocation to the Divisions of the Separate Account. The amount of the net premium Net Premium will be: - · the premium paid; less - · the Premium Expense Charge. The Premium Expense Charge will consist of the amounts shown on the Policy Schedule Pages (page 4).
Appears in 1 contract
Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II)
