Common use of Suicide Exclusion Clause in Contracts

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: Insurance Agreement (Penn Mutual Variable Life Account I), Insurance Agreement (Penn Mutual Variable Life Account I), Insurance Agreement (Penn Mutual Variable Life Account I)

AutoNDA by SimpleDocs

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: Insurance Agreement (Penn Mutual Variable Life Account I), Insurance Agreement (Penn Mutual Variable Life Account I)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.