Continental Assurance Company
A Stock Company
Administrative Office: Home Office:
000 XXX Xxxxx XXX Xxxxx
Xxxxxxxxx, Xxxxxxxxx 00000 Xxxxxxx, Xxxxxxxx 00000
READ YOUR POLICY CAREFULLY
This is a legal contract between you, the owner, and Continental Assurance
Company (referred to as the Company, we, us and our).
We will pay the Death Proceeds to the beneficiary when we receive due proof of
the Insured's death while this policy is in force.
Premiums are payable during the lifetime of the Insured or until the Insured's
age 95.
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RIGHT TO EXAMINE POLICY - If for any reason you are not satisfied with this
policy, you may return it to: (a) the agent through whom it was purchased; or
(b) our Administrative Office within 60 days after you receive it. We will
refund an amount equal to the Cash Value plus fees or charges deducted from the
gross considerations less any Debt.
VULR-107 (6/01) NY
Signed for the Company at its Executive Office, CNA Plaza, Chicago, Illinois
60685 on the Policy Date.
Chief Executive Officer Group Vice President
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Cash Value benefits provided by this policy are based on the investment
performance of the Subaccounts of the Variable Account and may increase or
decrease and are not guaranteed as to dollar amount. The amount of the death
benefit may vary based on the investment performance of the Subaccounts of the
Variable Account but it will never be less than the Specified Amount. The Death
Benefit Provisions begin on page 17.
FLEXIBLE PREMIUM VARIABLE LIFE INSURANCE POLICY
Adjustable Death Benefit
Death Proceeds Payable at Insured's Death
Non-Participating
Investment Experience Reflected in Benefits
