THE OWNER. The Owner is named on page 3. The Owner, his successor or his transferee may exercise policy rights without the consent of any beneficiary. After the death of the Insured, policy rights may be exercised only as provided in Sections 11 and 12.
Appears in 5 contracts
Samples: Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Policy (Aerosonic Corp /De/)
THE OWNER. The Owner is named on page 3. The the Owner, his successor or his transferee may exercise policy rights without the consent of any beneficiary. After the death of the Insured, policy rights may be exercised only as provided in Sections 11 and 12.
Appears in 2 contracts
Samples: Variable Whole Life Policy (Aerosonic Corp /De/), Variable Whole Life Policy (Aerosonic Corp /De/)
THE OWNER. The Owner is named on page 3. The All policy rights may be exercised by the Owner, his successor or his transferee may exercise policy rights transferee: - without the consent of any beneficiary. After - while the death of the InsuredInsured is living and, policy rights may be exercised after his death, only as provided in Sections 11 and 12.
Appears in 2 contracts
Samples: Single Premium Variable Whole Life Policy (Northwestern Mutual Variable Life Account), Variable Whole Life Insurance Policy (Northwestern Mutual Variable Life Account)
