AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 3 contracts
Samples: Automatic Yrt (Ids Life of New York Account 8), Automatic Yrt (Ids Life of New York Account 8), Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ----------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ----------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 2 contracts
Samples: Automatic Yrt (Ids Life Variable Life Separate Account), Automatic Yrt Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------ Issue Age Standard - 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] -------------------------------------------------------------------------- ------------------------------------------------------------------------ [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- ------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------ Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.. Effective February 1, 2006, Ceding Company will not be allowed to automatically bind coverage on the life of a professional athlete. For purposes of this Agreement, a professional athlete is an individual who earns the majority of his or her income from currently playing in professional individual or team sports including any income from related endorsements. IDSL - [redacted] B-2 VUL IV Plus/VUL IV Plus-ES Doc#2081405
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------------ Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------------ The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- Issue Age Standard - Table D Table E - H Table I - P -------------------------------------------------------------------------- [ages] 0 - 75 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 76 - 80 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 81 - 85 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 86 - 90 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding excluding, amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ----------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ----------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed seven hundred fifty thousand dollars [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ----------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- ----------------------------------------------------------------------- [ages] [dollar amount] ) [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ----------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with the Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------ Issue Age Standard - Table D Table E - H Table I - P -------------------------------------------------------------------------- -P ------------------------------------------------------------------------ [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- Issue Age Standard - Table D Table E - H Table I - P -------------------------------------------------------------------------- [ages] 0 - 75 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 76 - 80 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 81 - 85 [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- [ages] 86 - 90 [dollar amount] ) [dollar amount] [dollar amount] -------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with the Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Ids Life of New York Account 8
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------ Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------ The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract
Samples: Automatic Yrt Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ----------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ----------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits. Effective February 1, 2006, Ceding Company will not be allowed to automatically bind coverage on the life of a professional athlete. For purposes of this Agreement, a professional athlete is an individual who earns the majority of his or her income from currently playing in professional individual or team sports including any income from related endorsements.
Appears in 1 contract
Samples: Automatic Yrt Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC BINDING LIMITS. Life -------------------------------------------------------------------------- ------------------------------------------------------------------------- Issue Age Standard - 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] -------------------------------------------------------------------------- ------------------------------------------------------------------------- [ages] [dollar amount] [dollar amount] [dollar amount] -------------------------------------------------------------------------- ------------------------------------------------------------------------- The Ceding Company may not cede reinsurance automatically if the sum of all amounts in force and applied for on the same life with the Ceding Company, excluding amounts being internally replaced, exceeds the above Automatic Binding Limits. These Automatic Binding Limits include any amounts within the Ceding Company's retention. Increased policy amounts elected under the terms of the Automatic Increasing Benefit Rider will not be taken into account for automatic and jumbo limits, provided that the total of all increases to the Specified Amount of a single policy cannot exceed [dollar amount]. If an applicant has existing joint life coverage inforce with the Ceding Company, the full face amount of the joint life policy will be included in the total inforce risk on the life for the purposes of the application of automatic and jumbo limits.
Appears in 1 contract