Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target premium for each segment bears to the total commission target premium of the policy.
Appears in 11 contracts
Samples: Selling Agreement (Southland Separate Account L1), Selling Agreement (Security Life Separate Account L1), Selling Agreement (Southland Separate Account L1)
Premium Allocation. If the Stated Death Benefit has been increased since ------------------ the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target guideline annual premium for each segment bears to the total commission target guideline annual premium of the policy.
Appears in 3 contracts
Samples: Selling Agreement (Security Life Separate Account A1), Security Life Separate Account L1, Security Life Separate Account L1
Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target guideline annual premium for each segment bears to the total commission target guideline annual premium of the policy.
Appears in 1 contract
Samples: Security Life Separate Account L1
Premium Allocation. If the Stated Death Benefit has been increased since the policy date, premiums received are allocated to the coverage segments in the same proportion that the commission target premium for each segment bears to the total commission target premium of the policy.
Appears in 1 contract
Samples: Selling Agreement (Security Life Separate Account L1)