Common use of Planned Periodic Premiums Clause in Contracts

Planned Periodic Premiums. While You are not required to make subsequent Premium payments according to a fixed schedule, You may select a planned periodic Premium schedule and corresponding billing period, subject to Our Premium limits. Except as otherwise provided herein, the billing period must be annual, semi-annual, or quarterly. We will send You reminder notices for the planned periodic Premium at each billing period as specified in Section 1 unless reminder notices have been suspended as described below. You are not required to pay the planned periodic Premium. You may increase or decrease the planned periodic Premium subject to Our limits. You may skip a planned payment or make unscheduled payments. Unscheduled payments are subject to Our approval. You may change Your planned payment schedule or the billing period, subject to Our approval. Depending on the investment performance of the Investment Options You select, the planned periodic Premium may not be sufficient to keep this Policy in force. You may need to make additional payments in order to prevent termination of Your Policy. We will suspend reminder notices at your request, and We reserve the right to suspend reminder notices if Premiums are not being paid (except for notices in connection with the grace period). We will notify You prior to suspending reminder notices.

Planned Periodic Premiums. While You are not required to make subsequent Premium payments according to a fixed schedule, You may select a planned periodic Premium schedule and corresponding billing period, subject to Our Premium limits. Except as otherwise provided herein, the billing period must be annual, annual or semi-annual, or quarterly. We will send You reminder notices for the planned periodic Premium at each billing period as specified in Section 1 unless reminder notices have been suspended as described below. You are not required to pay the planned periodic Premium. You may increase or decrease the planned periodic Premium subject to Our limits. You may skip a planned payment or make unscheduled payments. Unscheduled payments are subject to Our approval. You may change Your planned payment schedule or the billing period, subject to Our approval. Depending on the investment performance of the Investment Options You select, the planned periodic Premium may not be sufficient to keep this Policy in force. You may need to make additional payments in order to prevent termination of Your Policy. We will suspend reminder notices at your this request, and We reserve the right to suspend reminder notices if Premiums are not being paid (except for notices in connection with the grace period). We will notify You prior to suspending reminder notices.

Planned Periodic Premiums. While You are not required to make subsequent Premium payments according to a fixed schedule, You may select a planned periodic Premium schedule and corresponding billing period, subject to Our Premium limits. Except as otherwise provided herein, the billing period must be annual, semi-annual, or quarterly. We will send You reminder notices for the planned periodic Premium at each billing period as specified in Section 1 unless reminder notices have been suspended as described below. However, You are not required to pay the planned periodic Premium. ; You may increase or decrease the planned periodic Premium subject to Our limits. , and You may skip a planned payment or make unscheduled payments. Unscheduled payments are subject to Our approval. You may change Your planned payment schedule or the billing period, subject to Our approval. Depending on the investment performance of the Investment Options Sub-Accounts You select, the planned periodic Premium may not be sufficient to keep this the Policy in force. , and You may need to change Your planned payment schedule or make additional payments in order to prevent termination of Your the Policy. We will suspend reminder notices at your Your written request, and We reserve the right to suspend reminder notices if Premiums are not being paid (except for notices in connection with the grace period). We will notify You prior to suspending reminder notices.. SVUL-2001 Page 13NY

Planned Periodic Premiums. While You are not required to make subsequent Premium payments according to a fixed schedule, You may select a planned periodic Premium schedule and corresponding billing period, subject to Our Premium limits. Except as otherwise provided herein, the billing period must be annual, semi-annual, or quarterly. We will send You reminder notices for the planned periodic Premium at each billing period as specified in Section 1 unless reminder notices have been suspended as described below. However, You are not required to pay the planned periodic Premium. ; You may increase or decrease the planned periodic Premium subject to Our limits. , and You may skip a planned payment or make unscheduled payments. Unscheduled payments are subject to Our approval. You may change Your planned payment schedule or the billing period, subject to Our approval. Depending on the investment performance of the Investment Options Sub-Accounts You select, the planned periodic Premium may not be sufficient to keep this the Policy in force. , and You may need to change Your planned payment schedule or make additional payments in order to prevent termination of Your the Policy. We will suspend reminder notices at your Your written request, and We reserve the right to suspend reminder notices if Premiums are not being paid (except for notices in connection with the grace period). We will notify You prior to suspending reminder notices.. CVVUL-2001 Page 13NY

Planned Periodic Premiums. While You are not required to make subsequent Premium payments according to a fixed schedule, You may select a planned periodic Premium schedule and corresponding billing period, subject to Our Premium limits. Except as otherwise provided herein, the billing period must be annual, annual or semi-annual, or quarterly. We will send You reminder notices for the planned periodic Premium at each billing period as specified in Section 1 unless reminder notices have been suspended as described below. However, You are not required to pay the planned periodic Premium. ; You may increase or decrease the planned periodic Premium subject to Our limits. , and You may skip a planned payment or make unscheduled payments. Unscheduled payments are subject to Our approval. You may change Your planned payment schedule or the billing period, subject to Our approval. Depending on the investment performance of the Investment Options Sub-Accounts You select, the planned periodic Premium may not be sufficient to keep this Policy in force. , and You may need to change Your planned payment schedule or make additional payments in order to prevent termination of Your Policy. We will suspend reminder notices at your Your written request, and We reserve the right to suspend reminder notices if Premiums are not being paid (except for notices in connection with the grace period). We will notify You prior to suspending reminder notices.