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Common use of Substitution of Indexes Clause in Contracts

Substitution of Indexes. We reserve the right for any particular Indexed Account to substitute one or more Indexes for any reason, including if an Index is discontinued or no longer published. In such case, we will notify you prior to the change at your last known address. Any such substitution is subject to approval by the Interstate Insurance Product Regulation Commission (IIPRC).

Appears in 5 contracts

Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Life Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)

Substitution of Indexes. We reserve the right for any particular Indexed Account to substitute one or more Indexes for any reason, including if an Index is discontinued or no longer published. In such case, prior to the change, we will notify you prior to and any assignee of record at the change at your respective last known addressaddresses. Any such substitution is subject to approval by the Interstate Insurance Product Regulation Commission (IIPRC).

Appears in 2 contracts

Samples: Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins), Insurance Policy (Pacific Select Exec Separate Acct Pacific Life Ins)