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Common use of Specified Amount Clause in Contracts

Specified Amount. The amount of insurance coverage on the Insured. The actual death benefit will depend upon the coverage option in effect at the time of death less any loan balance.

Appears in 4 contracts

Sources: Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account), Flexible Premium Variable Life Insurance Contract (Kansas City Life Variable Life Separate Account)

Related Clauses

  • Volume and Additional Discounts
  • Settlement Amount
  • Funding of Gross Settlement Amount
  • Gross Settlement Amount
  • RENTAL AMOUNT

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