Common use of For Consultant Protector VUL Clause in Contracts

For Consultant Protector VUL. 1. Under Option A and B, the trail commission will be paid quarterly at a rate of .0525% for Option A, and .165% (Years 2-14) and .0525% (Years 15+) for Option B, respectively, of the net policy value for all Policies at least 15 months old. If neither Option A nor B is elected by the registered representative, compensation at all levels will be paid under Option A. 2. An increase in face amount after issue will result in an increase in target premium based on insured's attained age at time of increase.