SPECIFIED AMOUNT CHANGES. Subject to approval by the Company, the Owner may change the Specified Amount upon written request. This change will be effective on the first monthly processing date following receipt of the request at the Home Office. The Company reserves the right to charge for more than one Specified Amount change in a policy year. This charge will be deducted from the Policy Value and will not exceed the amount shown on page 4.
Appears in 6 contracts
Samples: Insurance Agreement (Northwestern Mutual Variable Life Account), Insurance Agreement (Northwestern Mutual Variable Life Account), Insurance Agreement (Northwestern Mutual Variable Life Account)
