Common use of All Other Allowances Clause in Contracts

All Other Allowances. On Multiple Extra Premiums: Same as base plan. When a flat extra premium is payable for 5 years or less, an allowance of 10% of the gross flat extra charged by the Company will be made each year. When a flat extra premium is payable for more than 5 years, an allowance of 100% of the gross flat extra charged by the Company will be made in the first year and an allowance of 10% in each year thereafter. (QT20102US19)

Appears in 2 contracts

Sources: Automatic Self Administered Yrt Reinsurance Agreement (Thrivent Variable Life Account I), Automatic Self Administered Yrt Reinsurance Agreement (Thrivent Variable Life Account I)