The Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-Forfeiture Values, Useful to the Life Underwriter Volume 8

The Spectator Handy Guide to Standard and Special Life Insurance Contracts, Non-Forfeiture Values, Useful to the Life Underwriter Volume 8

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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1899 edition. Excerpt: ...a beneficiary or beneficiaries, provided home be herein named, or, provided the continuous instalment feature shall not be in force. may change the beneficiary or beneficiaries. at any time during the continuance of this policy by filing with the company a written request accompanied by this P0llcents'. such change to take efiect upon the endorsement of the same on the p0l1i)' bY the company. INSTALMENT PROVISIONS REFERRED T0 or: FIRST PAGE 01-" THIS CONTRACT. (1) If in the ap lication for this policy, or within two years from the date hereohi the insured, toget er with the assigns if any, directs in writing that the amount becoming due under this policy, in the event of the death of the insured, be paid to the beneficiary or beneficiaries, if an be living, in annual instalments instead of in one sum, and, if such direction shall' have been received by the company prior to the expiration of said two years, the table below shall apply pro rata for the amountof insurance in force, less any indebtedness on account of this policy, and subject to the. following provisions: (2) Any number of instalments indicated in the table below, and of an amount determined thereby, may be selected, with the privilege of changing such number at any time, if the continuous instalment feature is not in force as a part of this contract, upon written notice to be received by the company during the lifetime of the insured; and the insured, together with the assigns if any, may at an time direct in writing. provided no contingent beneficiary shall have been nominate, that the beneficiary or beneficiaries shall have the right at any time when an instalment is due, to commute and receive in one sum the then present cash value of all unpaid instalmentsshow more

Product details

  • Paperback | 166 pages
  • 189 x 246 x 9mm | 308g
  • Rarebooksclub.com
  • United States
  • English
  • black & white illustrations
  • 1236915372
  • 9781236915375