Accidental Death Benefits. Based on the classification of the occupational manual of the REINSURED:
Accidental Death Benefits. Not Applicable
Accidental Death Benefits. None The ceding company shall not cede automatically to The Guardian any risk on an individual life if the all company amount of Life Insurance in force plus the amount applied for exceeds the following: 0 - 15 $ 10,000,000 $ 5,000,000 16 - 70 15,000,000 10,000,000 71 - 75 10,000,000 2,750,000 Over 75 2,750,000 2,750,000 The ceding company shall establish and maintain life reserves on the policies reinsured under this agreement. The Guardian shall share in these reserves by means of a modified coinsurance reserve adjustment (MRA). The Annual MRA shall be computed by deducting (a) the reserves on December 31st of the preceding calendar year on the portions of the policies reinsured under the terms of this contract, with one year’s interest as defined below from (b) the reserves on December 31st of the current calendar year on the portions of the policies reinsured on that date. Reserves refer to statutory reserves held in the Life Insurance sections of the general account and separate account reserve exhibits. The interest in the MRA calculation is defined as follows: for variable coverages the interest shall equal the investment earnings credited to the policies; for fixed coverages the interest rate shall be the general account rate allocated to the non-variable coverages. (The investment risk on the non-variable coverages is insignificant. These coverages include a yearly renewable term rider, extended term insurance and non-participating fixed reduced paid up insurance resulting from the variable coverage.) The monthly MRA shall be estimated. For , 19 First Year Life Premiums ________________ Scheduled ____________ Unscheduled ____________ General Account ____________ First Year Disability Premiums +________________ Renewal Life Premiums +________________ Scheduled ____________ Unscheduled ____________ General Account ____________ Renewal Disability Premiums +________________ First Year Allowances -________________ Renewal Allowances -________________ Cash Value Payments -________________ Death Claims Payments -________________ Interest on Death Claims -________________ Claim Expense Reimbursements -________________ Disability Claim Payments -________________ Mean Reserve Adjustment ________________ Reserve interest +____________ Reserve increase -____________ Total Amount due The Guardian or (ceding company) ________________ Reserves as of , 19
I. Statutory Reserves
Accidental Death Benefits. Premiums for accidental death shall be as shown in Exhibit V. Exhibit II (Continued)
Accidental Death Benefits. Accidental death benefits will not be reinsured hereunder unless the Ceding Company and MARC agree to include such benefits hereunder.
Accidental Death Benefits. If, as a direct result of the Insured Property stranding, sinking, burning or being in a collision, the person(s) named as Insured on the Declarations Page, spouse, or the relatives of either or any person under age 21 in their care, die within 12 months of the occurrence, we shall pay in the event of such occurrence: $10,000 for the death of the named Insured; $5,000 for the death of the spouse; $1,000 for the death of the relatives of either , or any person, under age 21 in their care. Any payment under this section to any claimant does not constitute an admission of liability or fault for any entitlement to recover against the Insured Person or invoke coverage under the Liability Insurance – Protection and Indemnity section. If an amount is indicated on the Declarations Page for “Uninsured Boater Coverage”, we will pay up to that amount for damages, which, because of bodily injury received aboard your Insured Vessel, you are legally entitled to recover from the Uninsured Boater. We do not provide Uninsured Boater coverage:
Accidental Death Benefits for a full-time employee's spouse and each dependent child shall be provided by the City at no cost to the employee. Amounts will be determined by the Employee Health Care Cost Containment Committee subject to the approved Committee Rules of Procedure as established in Council Resolution 2071.
Accidental Death Benefits. The City will provide to the family of an employee who dies as a result of an accidental on-the-job injury a benefit of twenty five hundred dollars ($2,500) per child for the education of the surviving dependent children under twenty-one (21) years of age, if the deceased employee was responsible for the support of the child.
Accidental Death Benefits. Not applicable The Company’s retention amounts apply to Life and ADB separately. Risk Retention Any change in the net amount at risk due to changes in the cash value applicable to the policy will be shared proportionately between the Company and its reinsurers. 1414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)
Accidental Death Benefits. 90% of each policy up to a maximum of $500,000 in all companies. JUMBO LIMITS The ceding company shall not cede automatically to The Guardian any risk on an individual life if the all company amount of Life Insurance in force plus the amount applied for exceeds the following: Ages Preferred - Class 4 Class 5 - 16 ---- ------------------- ------------ 0-15 $10,000,000 $ 5,000,000 16-70 15,000,000 10,000,000 71-75 10,000,000 2,750,000 Over 75 2,750,000 2,750,000 REVISION 2 - effective 1/1/97 EXHIBIT D ALLOWANCE SCHEDULE [Information has been redacted as confidential] EXHIBIT E MODIFIED COINSURANCE RESERVE ADJUSTMENT The ceding company shall establish and maintain life reserves on the policies reinsured under this agreement. The Guardian shall share in these reserves by means of a modified coinsurance reserve adjustment (MRA). The Annual MRA shall be computed by deducting (a) the reserves on December 31st of the preceding calendar year on the portions of the policies reinsured under the terms of this contract, with one year's interest as defined below from (b) the reserves on December 31st of the current calendar year on the portions of the policies reinsured on that date. Reserves in the mean reserve adjustment refer to the general account and separate account fund balances. The interest in the MRA calculation is defined as the investment earnings credited to the funds. The monthly MRA shall be estimated. REVISION 1 - effective 9/30/96 EXHIBIT F REPORTING REQUIREMENTS EXHIBIT F - 1
