Common use of CONSISTS OF THE FOLLOWING Clause in Contracts

CONSISTS OF THE FOLLOWING. Premium Tax Charge of 2% will be deducted from each premium payment for state and local premium taxes. We reserve the right to change this percentage if the applicable law changes or the insured's residence changes.

Appears in 4 contracts

Sources: Life Insurance Policy (Nationwide Provident Vli Separate Account A), Life Insurance Policy (Provident Mutual Variable Life Separate Account), Life Insurance Policy (Provident Mutual Variable Life Separate Account)

CONSISTS OF THE FOLLOWING. 1. A Premium Tax Charge of 2% will be deducted from each premium payment for state and local premium taxes. We reserve the right to change this percentage if the applicable law changes or the insured's residence changes.

Appears in 1 contract

Sources: Life Insurance Policy (Providentmutual Variable Life Separate Account)