PREMIUM ADJUSTMENT. We will add to the insurance benefits any part of the last premium paid that applies to a period beyond the policy month in which the Insured dies. If the Insured dies during the grace period of an unpaid premium, we will deduct from the benefits the part of the overdue premium for one policy month.
Appears in 4 contracts
Samples: Separate Account I of Equitable Variable Life Insurance Co, Separate Account I of Equitable Variable Life Insurance Co, Separate Account I of Equitable Variable Life Insurance Co
PREMIUM ADJUSTMENT. We will add to the insurance benefits any part of the last premium paid that applies to a period beyond the policy month in which the Insured dies. If the Insured dies during the grace period of an unpaid premium, we will deduct from the benefits the part of the overdue premium for one policy month.. V81-013-B
Appears in 1 contract
Samples: Separate Account I of Equitable Variable Life Insurance Co
