Common use of Specified Amount Plus Policy Value Clause in Contracts

Specified Amount Plus Policy Value. (Option B) - The Death Benefit is the greater of: • the Specified Amount plus the Policy Value; or • the Minimum Death Benefit.

Appears in 5 contracts

Samples: Individual Flexible Premium Variable Adjustable Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II), Life Insurance Policy (Northwestern Mutual Variable Life Account II)

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Specified Amount Plus Policy Value. (Option B) - The Death Benefit is the greater of: · the Specified Amount plus the Policy Value; or · the Minimum Death Benefit.

Appears in 1 contract

Samples: Life Insurance Policy (Northwestern Mutual Variable Life Account II)

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