NET PREMIUM. The Net Premium is the portion of each premium which is applied to the subaccounts of the Variable Account. The Net Premium is equal to the premium paid less the sum of:
Appears in 2 contracts
Samples: Lb Variable Insurance Account I, Lbvip Variable Insurance Account
NET PREMIUM. The Net Premium is the portion of each premium which that is applied to the subaccounts of the Variable Account or to the Fixed Account. The Net Premium is equal to the premium paid less the sum of:Percent of Premium Charge shown on page 4.
Appears in 2 contracts
Samples: Thrivent Variable Life Account 1, Thrivent Variable Life Account 1
NET PREMIUM. The Net Premium is the portion of each premium which is applied to the subaccounts of the Variable Account. The Net Premium is equal to the premium paid less the sum of:: 1) The Percent of Premium Charge equal to 5% of the premium paid; and 2) The Premium Processing Charge. We reserve the right to change the amount of this charge. However, the Premium Processing Charge will never exceed the maximum charge shown on page 4. 4.3
Appears in 2 contracts
Samples: Lbvip Variable Insurance Account, Lb Variable Insurance Account I
NET PREMIUM. The Net Premium is the portion of each premium which that is applied to the subaccounts of the Variable AccountAccount or to the Fixed Accounts. The Net Premium is equal to the premium paid less the sum of:Percent of Premium Charge shown on page 3A. No-Lapse Guarantee. See Section 5.
Appears in 1 contract
Samples: Thrivent Variable Life Account I
NET PREMIUM. The Net Premium is the portion of each premium which is applied allocated to the subaccounts of the Variable Account and to the Fixed Account. The Net Premium is equal to the premium paid less the sum of:any charge for state and local premium taxes.
Appears in 1 contract
Samples: Lbvip Variable Annuity Account I
