Common use of AUTOMATIC BINDING LIMITS Clause in Contracts

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.