Common use of Acceptance and Per Location Limits Clause in Contracts

Acceptance and Per Location Limits. Guaranteed Issue and Simplified Issue Business: The Reinsurer will automatically accept of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the Reinsurer will automatically accept will increase to , but the limits stated below will not change. Maximum Automatic Issue on any one Life: (subject to the multiples stated below) Regular Issue Business: The total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance, will be as follows: Ages Standard to Table 3 Flat Extras $0 to $ 12.75 Table 4 to Table 16 Flat Extras over $12.75 The Reinsurer will automatically accept of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the Reinsurer will automatically accept will increase to ,but the limits stated below will not change. Ages Standard to Table 3 Flat Extras $0 to $ 12.75 Table 4 to Table 16 Flat Extras over $12.75 In Force Limits: In force and applied for on any one life: 1414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx) Per location limits (applies to Gl, Sl and Rl Business) ultimate amount of reinsurance for all policies covered by this Agreement and all other agreements between the Reinsurer and the Company covering business written on an Employer Sponsored plan issued on a Simplified and/or Guaranteed Issue and/or Regular Issue underwriting basis with respect to any one location at the time of policy issue. For purposes of this Agreement, the term “location” shall mean any one or more structures within a one mile radius of a building that serves as the place of employment at the time a Reinsured Policy is issued. Conditional Receipt or Temporary Insurance Agreement Liability Not applicable 1414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)

Acceptance and Per Location Limits. Guaranteed Issue and Simplified Issue Business: The Reinsurer will automatically accept of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the Reinsurer will automatically accept will increase to , but the limits stated below will not change. Maximum Automatic Issue on any one Life: (subject to the multiples stated below) Regular Issue Business: The total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance, will be as follows: Ages Standard to Table 3 Flat Extras $0 to $ 12.75 Table 4 to Table 16 Flat Extras over $12.75 The Reinsurer will automatically accept of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the Reinsurer will automatically accept will increase to ,but the limits stated below will not change. Ages Standard to Table 3 Flat Extras $0 to $ 12.75 Table 4 to Table 16 Flat Extras over $12.75 In Force Limits: In force and applied for on any one life: 1414849US-12 1414848US-12 (11-01-2011) QT#04028US11 (COLI & BXXx) Per location limits (applies to Gl, Sl and Rl Business) ultimate amount of reinsurance for all policies covered by this Agreement and all other agreements between the Reinsurer and the Company covering business written on an Employer Sponsored plan issued on a Simplified and/or Guaranteed Issue and/or Regular Issue underwriting basis with respect to any one location at the time of policy issue. For purposes of this Agreement, the term “location” shall mean any one or more structures within a one mile radius of a building that serves as the place of employment at the time a Reinsured Policy is issued. Conditional Receipt or Temporary Insurance Agreement Liability Not applicable 1414849US-12 1414848US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)