Variable Account Value. The Variable Account Value is the sum of the values of the Subaccounts under this contract. As of the Allocation Date the value of each Subaccount equals: 1) the portion of the initial Net Premium allocated to the Subaccount; less 2) the pro-rata share of the Monthly Deduction allocated to the Subaccounts.
Appears in 4 contracts
Samples: Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Adjustable Death Benefit Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)
Variable Account Value. The Variable Account Value is the sum of the values of the Subaccounts under this contract. As of the Allocation Date the value of each Subaccount equals:
(1) the portion of the initial Net Premium allocated to the Subaccount; less
(2) the pro-rata share of the Monthly Deduction allocated to the Subaccounts.
Appears in 4 contracts
Samples: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)
Variable Account Value. The Variable Account Value variable account value is the sum of the values of the Subaccounts subaccounts under this contract. As of On the Allocation Date contract date the value of each Subaccount subaccount equals:
(1) the portion of the initial Net Premium premium allocated to the Subaccountsubaccount; less
(2) the pro-rata share portion of the Monthly Deduction mortality and expense risk charges and asset-based administration charge allocated to the Subaccountssubaccounts.
Appears in 1 contract
Samples: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)
Variable Account Value. The Variable Account Value variable account value is the sum of the values of the Subaccounts subaccounts under this contract. As of On the Allocation Date contract date the value of each Subaccount subaccount equals:
(1) the portion of the initial Net Premium premium allocated to the Subaccountsubaccount; less
(2) the pro-rata share portion of the Monthly Deduction annual administration fee, mortality and expense risk charges and asset-based administration charge allocated to the Subaccounts.subaccounts. J188
Appears in 1 contract
Samples: Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)
Variable Account Value. The Variable Account Value variable account value is the sum of the values of the Subaccounts subaccounts under this contract. As of On the Allocation Date contract date the value of each Subaccount subaccount equals:
(1) the portion of the initial Net Premium premium allocated to the Subaccountsubaccount; less
(2) the pro-rata share portion of the Monthly Deduction annual administration fee, mortality and expense risk charges and asset-based administration charge allocated to the Subaccountssubaccounts.
Appears in 1 contract
Samples: Single Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)
Variable Account Value. The Variable Account Value variable account value is the sum of the values of the Subaccounts sub-accounts under this contractcontract as shown in Section 1, Contract Data. As of On the Allocation Date contract date the value of each Subaccount sub-account equals:
(1) the portion of the initial Net Premium premium allocated to the Subaccountsub-account; less
(2) the pro-rata share portion of the Monthly Deduction annual administration fee, mortality and expense risk charge and asset-based administration charge allocated to the Subaccountssub-accounts.
Appears in 1 contract
Samples: Flexible Premium Variable Annuity Contract (Kansas City Life Variable Annuity Separate Account)
