Common use of Change in Regular Premium Clause in Contracts

Change in Regular Premium. You may request for a change in regular Premium, subject to Our approval. An increase in regular Premium is allowed at any time. A decrease in regular Premium is only allowed starting from the sixth (6th) policy year. The change in regular Premium is subject to the minimum and maximum regular Premium requirements set by Us and shall take effect from the next premium due date.

Appears in 2 contracts

Sources: Investment Agreement, Policy Contract