Suicide. If the Insured dies by suicide within one year from the Date of Issue, the amount payable by the Company will be limited to the premiums paid, less the amount of any policy debt and withdrawals and less the cash value of any variable paid-up insurance surrendered.
Appears in 7 contracts
Samples: Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Policy (Aerosonic Corp /De/)
Suicide. If the Insured dies by suicide within one year from the Date of Issue, the amount payable by the Company will be limited to the premiums paid, less the amount of any policy debt and withdrawals withdrawals. If the Insured dies by suicide within one year from the date of issuance of an increase in the amount of insurance, which occurred upon the request of the Owner and less was subject to the cash value of any variable paid-up insurance surrenderedCompany's insurability requirements, the amount payable with respect to such increase will be limited to the Monthly Policy Charges attributable to the increase.
Appears in 6 contracts
Samples: Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account), Flexible Premium Variable Life Insurance Policy (Northwestern Mutual Variable Life Account)
Suicide. If the Insured dies by suicide within one year from the Date of Issue, the amount payable by the Company will be limited to the premiums premium paid, less the amount of any policy debt and withdrawals and less the cash value of any variable paid-up insurance surrendered.
Appears in 2 contracts
Samples: Single Premium Variable Whole Life Policy (Northwestern Mutual Variable Life Account), Single Premium Variable Whole Life Policy (Northwestern Mutual Variable Life Account)
Suicide. If the Insured dies by suicide within one year from the Date of Issue, the amount payable by the Company will be limited to the premiums paid, less the amount of any policy debt and withdrawals and less the cash value of any variable paid-up insurance surrendered.
Appears in 2 contracts
Samples: Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account)
Suicide. If the Insured dies by suicide within one year from the Date of Issue, the amount payable by the Company will be limited to the premiums paid, less the amount of any policy debt Policy Debt. If the Insured dies by suicide within one year from the date of a change to the terms of the Policy, which occurred upon the request of the Owner and withdrawals and was subject to the Company's insurability requirements, the amount payable with respect to such change will be limited to the premiums paid, less the cash value amount of any variable paid-up insurance surrenderedPolicy Debt.
Appears in 1 contract
Samples: Whole Life Insurance Policy
