Common use of Policy Contract Processing Charges Clause in Contracts

Policy Contract Processing Charges. Variable Monthly Service Fee Contract Volume Per Contract First 30,000 $2.50 per policy, per month Over 30,000 $2.50 per policy, per month Storage, all contracts .08 per policy, per month Variable Life All $3.00 per policy, per month Storage, all contracts .08 per policy, per month The policy contract processing charges will be based on the aggregate policy count for each company at the end of the month.

Appears in 2 contracts

Sources: Administration Services Agreement (Security Life Separate Account L1), Administration Services Agreement (Security Life Separate Account A1)