Suicide Exclusion. If the Insured dies by suicide while sane or insane within two years from the effective date of this agreement, the Term Insurance Benefit will be limited to the Monthly Deductions associated with such benefit. If the Insured dies by suicide, while sane or insane, within two years from the effective date of any increase in the Term Insurance Benefit, the Term Insurance Benefit with respect to that increase will be limited to the Monthly Deductions for that increase. Change in Amount of Coverage. The Term Insurance Benefit may be changed subject to the following conditions:
Appears in 4 contracts
Samples: Supplemental Term Insurance Agreement (Penn Mutual Variable Life Account I), Supplemental Term Insurance Agreement (Penn Mutual Variable Life Account I), Supplemental Term Insurance Agreement (Penn Mutual Variable Life Account I)
Suicide Exclusion. If the Insured dies by suicide while sane or insane within two years from the effective date of this agreement, the Term Insurance Benefit will be limited to the Monthly Deductions associated with such benefit. If the Insured dies by suicide, while sane or insane, within two years from the effective date of any increase in the Term Insurance Benefit, the Term Insurance Benefit with respect to that increase will be limited to the Monthly Deductions for that increase. Change in Amount of Coverage. The Term Insurance Benefit may be changed subject to the following conditions:.
Appears in 2 contracts
Samples: Supplemental Term Insurance Agreement (Penn Mutual Variable Life Account I), Supplemental Term Insurance Agreement (Penn Mutual Variable Life Account I)
