Common Contracts

2 similar Term Insurance Agreement contracts by Minnesota Life Individual Variable Universal Life Account

Exhibit 26(d)(5) TERM INSURANCE AGREEMENT This agreement is a part of the policy to which it is attached. It is subject to all the terms and conditions of the policy. WHAT DOES THIS AGREEMENT PROVIDE? This agreement provides additional term insurance...
Term Insurance Agreement • August 28th, 2012 • Minnesota Life Individual Variable Universal Life Account

The initial amount of term insurance is shown on the policy data pages. If we increase the death benefit of the policy to ensure that the policy remains qualified as life insurance under Section 7702 of the code, we will decrease the amount of term insurance by the amount of the increased death benefit on the policy.

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