AUTOMATIC ACCEPTANCE LIMITS. On any one life, the amount automatically reinsured under all agreements with all reinsurers shall not exceed the Automatic Acceptance Limits shown in Schedule A.
AUTOMATIC ACCEPTANCE LIMITS. The underwriting class, age, minimum reinsurance amount, binding amounts and jumbo limits fall within the automatic limits as shown in Schedule V; and
AUTOMATIC ACCEPTANCE LIMITS. 1 d. AUTOMATIC IN FORCE AND APPLIED FOR LIMIT............................2 e. RESIDENCE...........................................................2 f. MINIMUM CESSION.....................................................2 g.
AUTOMATIC ACCEPTANCE LIMITS. On any one life the sum of all amounts inforce and applied for with CEDING COMPANY, excluding amounts being replaced, shall not exceed the Automatic Acceptance Limits shown in Schedule A.
AUTOMATIC ACCEPTANCE LIMITS. CEDING COMPANY may not cede reinsurance automatically if the sum of all amounts inforce and applied for on the same life with CEDING COMPANY, excluding amounts being replaced, exceed the following binding limits: Binding Limits (these amounts include CEDING COMPANY's retention) -------------------------------------------------------------------------- Issue Ages Std-Table D Table E-H Table I-P -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- In comparing against Automatic Acceptance Limits:
a. Potential increases in Specified Amount of a reinsured policy pursuant to the Automatic Increasing Benefit Rider will not be included as amounts inforce or applied for, so long as the total of all increases to the Specified Amount of the Policy can not exceed [dollar amount].
b. If the risk is insured under, or has applied for, a joint life policy, the full joint life amount must be included. ING VUL3 (4/29/99) A2 06/25/99 SCHEDULE A, CONTINUED
AUTOMATIC ACCEPTANCE LIMITS. A. LIFE You will accept automatically 10% of each risk. For the purposes of this Agreement, the maximum binding in all reinsurers is shown in the following table: Acceptance limits for Single Life and First-to-Die policies: Ages Standard 125% - 200% 225% and Up 0 - 14 $ 6,400,000 $ 2,500,000 $ 2,000,000 15 - 70 $ 6,400,000 $ 6,400,000 $ 3,200,000 71 - 75 $ 6,400,000 $ 5,000,000 $ 1,200,000 76 - 80 $ 6,400,000 $ 5,000,000 $ 1,200,000 81 - 85 $ 2,400,000 $ 1,600,000 $ None
AUTOMATIC ACCEPTANCE LIMITS. The sum of the Ultimate amount of individual life insurance issued by the Company on an insured and the Ultimate amount of life insurance currently applied for from the Company shall not exceed the Automatic Binding Limits as set forth in Schedule C.
AUTOMATIC ACCEPTANCE LIMITS. The total maximum amount of life reinsurance which you can cede automatically shall be $1,000,000. It is understood that another reinsurer is also participating in the reinsurance and the total automatic acceptance limit as defined above is for each participant separately.
AUTOMATIC ACCEPTANCE LIMITS. On any one life, or both lives (for joint policies), the amount automatically reinsured under all Agreements with all reinsurers shall not exceed the following: ----------------------------------------------------------------------- Issue Age Automatic Limit ----------------------------------------------------------------------- 0-75 20 times the Ceding Company's Retention Limits, as shown in Schedule A of the Agreement, subject to a $20,000,000.00 maximum. ----------------------------------------------------------------------- 76-85 20 times the Ceding Company's Retention Limits, as shown in Schedule A of the Agreement, subject to a $2,000,000.00 maximum. ----------------------------------------------------------------------- 86+ Automatic reinsurance is not available. ----------------------------------------------------------------------- The total mortality rating on the insurable life (lives) shall not be higher than 500% for permanent plans, or the equivalent on a flat extra premium basis.
AUTOMATIC ACCEPTANCE LIMITS. On each life, the amount automatically reinsured under all agreements with all reinsurers must not exceed the following:
