Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the earliest of: 1) The date of death of the Insured; 2) The end of the grace period if the premium required to keep this contract in force has not been paid; 3) The date you surrender this contract; and 4) The date this contract terminates from excess loan under Section 8.
Appears in 2 contracts
Sources: Variable Life Insurance Contract (Lbvip Variable Insurance Account), Variable Life Insurance Agreement (Lb Variable Insurance Account I)
Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the earliest of: first of the following events to occur:
1) The date of death of the Insured; .
2) The end of the grace period if the premium required to keep this contract in force has not been paid; .
3) The date you surrender this contract; and .
4) The date this contract terminates from excess loan under Section 8.10.6. ----------------------------------------------------------------------- 5. DEATH BENEFITS -----------------------------------------------------------------------
Appears in 2 contracts
Sources: Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1), Flexible Premium Variable Life Insurance (Thrivent Variable Life Account 1)
Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the earliest of: :
1) The date of death of the Insured; ;
2) The Maturity Date;
3) The end of the grace period if the premium required to keep this contract in force has not been paid; 3;
4) The date you surrender this contract; and 4and
5) The date this contract terminates from excess loan under Section 8.8.5. ============================================================================ 7. MONTHLY DEDUCTION ============================================================================
Appears in 1 contract
Sources: Variable Life Insurance Contract (Lbvip Variable Insurance Account)
Continuation of Insurance Coverage. If you stop premium payments, this contract will remain in force until the earliest of: :
1) The date of death of the Insured; ;
2) The Maturity Date;
3) The end of the grace period if the premium required to keep this contract in force has not been paid; 3;
4) The date you surrender this contract; and 4and
5) The date this contract terminates from excess loan under Section 88.5.
Appears in 1 contract
Sources: Variable Life Insurance Contract (Lb Variable Insurance Account I)