Common use of The Benefit Clause in Contracts

The Benefit. Upon receiving proof that the death of the Spouse occurred before this rider terminated, we will pay to the Spouse's beneficiary the amount of Spouse Term Insurance shown on page 5-SIB. 4. MONTHLY COST. The monthly cost of this benefit to be deducted on each Monthly Anniversary is the sum of: 1) The Spouse Cost of Insurance. This amount is determined on each Monthly Anniversary. It is equal to the Spouse Cost of Insurance Rate multiplied by the amount of Spouse Term Insurance divided by 1,000; 2) The Spouse Initial Monthly Charge. This is a charge per $1,000 of the initial amount of Spouse Term Insurance. However, if the initial amount of Spouse Term Insurance is decreased, the charge will be based on the amount of Spouse Term Insurance remaining after the decrease. The charge is made on the date of issue of this rider and then on each Monthly Anniversary until a total of 180 charges have been made. The charge per $1,000 is shown on page 5-SIB; and 3) Any Spouse Initial Monthly Charge for Increases. This is a charge per $1,000 of increase in Spouse Term Insurance. However, if the increased insurance is later decreased, the charge will be based on the amount of the increase in Spouse Term Insurance remaining in force after the decrease. The charge is made on the effective date of the increase and then on each Monthly Anniversary until 180 charges have been made. The charge is based on the Spouse's Attained Age on the date of increase. The charge per $1,000 is shown on page 5-SIB. VR3-YS-SIB-1

The Benefit. Upon receiving proof that the death of the Spouse occurred before this rider terminated, we will pay to the Spouse's beneficiary the amount of Spouse Term Insurance shown on page 5-SIB. 45. MONTHLY COST. The monthly cost of this benefit to be deducted on each Monthly Anniversary is the sum of: 1) The Spouse Cost of Insurance. This amount is determined on each Monthly Anniversary. It is equal to the Spouse Cost of Insurance Rate multiplied by the amount of Spouse Term Insurance divided by 1,000; 2) The Spouse Initial Monthly Charge. This is a charge per $1,000 of the initial amount of Spouse Term Insurance. However, if the initial amount of Spouse Term Insurance is decreased, the charge will be based on the amount of Spouse Term Insurance remaining after the decrease. The charge is made on the date of issue of this rider and then on each Monthly Anniversary until a total of 180 charges have been made. The charge per $1,000 is shown on page 5-SIB; and 3) Any Spouse Initial Monthly Charge for Increases. This is a charge per $1,000 of increase in Spouse Term Insurance. However, if the increased insurance is later decreased, the charge will be based on the amount of the increase in Spouse Term Insurance remaining in force after the decrease. The charge is made on the effective date of the increase and then on each Monthly Anniversary until 180 charges have been made. The charge is based on the Spouse's Attained Age on the date of increase. The charge per $1,000 is shown on page 5-SIB. VR3WR3-YSVS-SIB-1