Common use of Ownership and Control Clause in Contracts

Ownership and Control. Unless we endorse this contract to say otherwise: (1) the owner of the contract is the Insured; and

Appears in 3 contracts

Samples: Life Insurance Policy (Pruco Life of New Jersey Variable Insurance Account), Life Insurance Policy (Pruco Life Variable Insurance Account), Insurance Contract (Pruco Life Variable Insurance Account)

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Ownership and Control. Unless we endorse this contract to say otherwise: (1) the owner of the contract is the Insured; and)

Appears in 1 contract

Samples: Insurance Contract (Pruco Life Variable Appreciable Account)

Ownership and Control. Unless we endorse this contract to say otherwise: (1) , while the Insured is living the owner alone may exercise all ownership and control of the contract this contract. This includes, but is the Insured; andnot limited to, these rights:

Appears in 1 contract

Samples: Rider for Term Insurance Benefit on Life Insured Spouse (Pruco Life of New Jersey Variable Appreciable Account)

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Ownership and Control. Unless we endorse this contract to say otherwise: (1) the owner of the contract is the Insured; and: and (2) while the Insured is living the owner alone is entitled to (a) any contract benefit and value. and (b) the exercise of any right and privilege granted by the contract or by us.

Appears in 1 contract

Samples: Insurance Contract (Pruco Life of New Jersey Variable Insurance Account)

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