PLANS AND RIDERS Clause Samples
The "Plans and Riders" clause defines how additional coverage options, known as riders, and different plan variations can be attached to a primary insurance policy. In practice, this clause outlines the process for selecting, adding, or removing riders, which may provide extra benefits such as accidental death coverage or critical illness protection, and specifies how these changes affect premiums and policy terms. Its core function is to give policyholders flexibility to customize their insurance coverage to better suit their individual needs, ensuring clarity about what is included in their policy and how modifications are managed.
PLANS AND RIDERS. The basic plan or supplementary benefit, if any, is shown in Schedule I; and
PLANS AND RIDERS. Policies issued on plans with effective dates on or after the Commencement Date shown below qualify for reinsurance under the terms of this Agreement. It is understood that policies may be backdated by up to six (6) months from the date shown below. COMMENCEMENT PLAN IDENTIFICATION DATE ------------------------------------ -------------- VUL-IV (Form 30061 with Aug. 30, 2005 endorsements 132024 and 130701) RIDERS: Automatic Increasing Benefit Aug. 30, 2005 Rider (AIBR) (Form 30965) Base Insured Rider (BIR) (Form Aug. 30, 2005 132023) Other Insured Rider (OIR) (Form Aug. 30, 2005 30450) Exchange of Insured Rider (EOI) (Form 132114) It is understood and agreed the Agreement also covers other policy form and endorsement numbers for the above plans that may vary for specific states.
PLANS AND RIDERS. Policies issued on plans with effective dates on or after the Commencement Date shown below qualify for reinsurance under the terms of this Agreement. It is understood that policies may be backdated by up to six (6) months from the date shown below.
PLANS AND RIDERS. The basic plan or supplementary benefit, if any, is shown in Schedule I; and (▇▇▇)▇▇▇▇-▇▇-▇▇ 4 7/17/02 ARTICLE IV - COVERAGE (CONTINUED)
PLANS AND RIDERS. Exhibits and attachments affixed to this Lease are a part hereof.
PLANS AND RIDERS. Universal Life 25 Universal Life 100 Employer Universal Life Employee Universal Life Other Insured Rider Waiver of Monthly Deduction Rider
PLANS AND RIDERS. Employer UL25 Employer UL100 Other Insured Rider Waiver of Monthly Deduction Rider
PLANS AND RIDERS. Base Plans Riders ---------- ------ a) UL UL25 Other Insured Riders UL100 Waiver of Monthly Deduction UL500 VUL EUL125 EUL100 b) Fixed Premium Permanent WL Annual Reducing Term (ART) Waiver of Premium (WP)
PLANS AND RIDERS. Policies issued on plans with effective dates on or after the Commencement Date shown below qualify for reinsurance under the terms of this Agreement. It is understood that policies may be backdated to save age by up to six (6) months from the date shown below.