SPECIFIED AMOUNT DECREASES. At any time after the first policy year, you may request a decrease in the Specified Amount. Any decrease will be effective on the Monthly Anniversary Day on or next following our receipt of your request unless you request a different date. Any such decrease shall reduce insurance in the following order:
Appears in 5 contracts
Sources: Insurance Policy (Nationwide Vli Separate Account 4), Flexible Premium Variable Universal Life Insurance Policy (Nationwide Vli Separate Account 4), Flexible Premium Variable Universal Life Insurance Policy (Nationwide Vli Separate Account 5)
SPECIFIED AMOUNT DECREASES. At any time after the first policy year, you may request a decrease in the Specified Amount. Any decrease will be effective on the Monthly Anniversary Day on or next following our receipt of your request unless you request a different daterequest. Any such We will decrease shall reduce insurance in the following order:
Appears in 3 contracts
Sources: Life Insurance Policy (Nationwide Vli Separate Account 4), Life Insurance Policy (Nationwide Vli Separate Account 5), Life Insurance Policy (Nationwide Vli Separate Account 5)
SPECIFIED AMOUNT DECREASES. At any time after the first policy yearyear from the Policy Date, you may request a decrease in the Specified Amount. Any decrease will be effective on the Monthly Anniversary Day monthly anniversary from the Policy Date, on or next following our receipt of your request unless you request a different date. Any such decrease shall reduce insurance in the following order:
Appears in 1 contract
Sources: Flexible Premium Variable Universal Life Insurance Policy (Nationwide VL Separate Account-G)
SPECIFIED AMOUNT DECREASES. At any time after the first policy yearyear from the Policy Date, you may request a decrease in the Specified Amount. Any decrease will be effective on the Monthly Anniversary Day monthly anniversary from the Policy Date, on or next following our receipt of your request unless you request a different date. We will send you a new Policy Data Page following the Specified Amount decrease. Any such decrease shall reduce insurance in the following order:
Appears in 1 contract
Sources: Flexible Premium Variable Universal Life Insurance Policy (Nationwide VLI Separate Account-7)