Common use of Automatic Cessions Clause in Contracts

Automatic Cessions. a) Issue age and rating restrictions are shown in the following table. The youngest insured must be between the ages of 15 - 85. The minimum life expectancy for each of the two lives is one year. ------------------------------------------------------------------- MAXIMUM TABLE RATING AVAILABLE TO THE YOUNGEST APPLICANT IF THE OLDEST APPLICANT'S CLASSIFICATION IS: ------------------------------------------------------------------- YOUNGEST APPLICANT'S AGE GROUP* STANDARD SUBSTANDARD UNINSURABLE ------------------------------------------------------------------- Ages 15 - 45 ------------------------------------------------------------------- Ages 46 - 55 ------------------------------------------------------------------- Ages 56 - 75 ------------------------------------------------------------------- Ages 76 - 80 ------------------------------------------------------------------- Ages 81 - 85 ------------------------------------------------------------------- *If both applicants are in the same age group, use the lower rated applicant as the youngest applicant. For example, if both applicants are ages 81 - 85, the Ceding Company can issue up to D/D or Standard/Uninsurable.

Automatic Cessions. a) Issue age and rating restrictions are shown in the following table. The youngest insured must be between the ages of 15 - 85. The minimum life expectancy for each of the two lives is one year. ------------------------------------------------------------------- MAXIMUM TABLE RATING AVAILABLE TO THE YOUNGEST APPLICANT IF THE OLDEST APPLICANT'S CLASSIFICATION IS: ------------------------------------------------------------------- YOUNGEST APPLICANT'S AGE GROUP* STANDARD SUBSTANDARD UNINSURABLE ------------------------------------------------------------------- Ages 15 - 45 Uninsurable Uninsurable P ------------------------------------------------------------------- Ages 46 - 55 Uninsurable P H ------------------------------------------------------------------- Ages 56 - 75 P H F ------------------------------------------------------------------- Ages 76 - 80 H F D ------------------------------------------------------------------- Ages 81 - 85 Standard D Standard ------------------------------------------------------------------- *If both applicants are in the same age group, use the lower rated applicant as the youngest applicant. For example, if both applicants are ages 81 - 85, the Ceding Company can issue up to D/D or Standard/Uninsurable.

Automatic Cessions. a) Issue age and rating restrictions are shown in the following table. The youngest insured must be between the ages of 15 - 85. The minimum life expectancy for each of the two lives is one year. ------------------------------------------------------------------- -------------------------------------------------------------------- MAXIMUM TABLE RATING AVAILABLE TO THE YOUNGEST APPLICANT IF THE OLDEST APPLICANT'S CLASSIFICATION IS: ------------------------------------------------------------------- -------------------------------------------------------------------- YOUNGEST APPLICANT'S AGE GROUP* STANDARD SUBSTANDARD UNINSURABLE ------------------------------------------------------------------- Ages 15 - 45 ------------------------------------------------------------------- Ages 46 - 55 ------------------------------------------------------------------- Ages 56 - 75 ------------------------------------------------------------------- Ages 76 - 80 ------------------------------------------------------------------- Ages 81 - 85 ------------------------------------------------------------------- *If -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- * lf both applicants are in the same age group, use the lower rated applicant as the youngest applicant. For example, if both applicants are ages 81 - 85, the Ceding Company can issue up to D/D or Standard/Uninsurable.

Automatic Cessions. a) Issue age and rating restrictions are shown in the following table. The youngest insured must be between the ages of 15 - 85. The minimum life expectancy for each of the two lives is one year. ------------------------------------------------------------------- -------------------------------------------------------------------- MAXIMUM TABLE RATING AVAILABLE TO THE YOUNGEST APPLICANT IF THE OLDEST APPLICANT'S CLASSIFICATION IS: ------------------------------------------------------------------- -------------------------------------------------------------------- YOUNGEST APPLICANT'S AGE GROUP* STANDARD SUBSTANDARD UNINSURABLE ------------------------------------------------------------------- ---------- -------- ----------- ----------- -------------------------------------------------------------------- Ages 15 - 45 ------------------------------------------------------------------- -------------------------------------------------------------------- Ages 46 - 55 ------------------------------------------------------------------- -------------------------------------------------------------------- Ages 56 - 75 ------------------------------------------------------------------- -------------------------------------------------------------------- Ages 76 - 80 ------------------------------------------------------------------- -------------------------------------------------------------------- Ages 81 - 85 ------------------------------------------------------------------- -------------------------------------------------------------------- *If both applicants are in the same age group, use the lower rated applicant as the youngest applicant. For example, if both applicants are ages 81 - 85, the Ceding Company can issue up to D/D or Standard/Uninsurable.

Automatic Cessions. a) Issue age and rating restrictions are shown in the following table. The youngest insured must be between the ages of 15 - 85. The minimum life expectancy for each of the two lives is one year. ------------------------------------------------------------------- -------------------------------------------------------------------- MAXIMUM TABLE RATING AVAILABLE TO THE YOUNGEST APPLICANT IF THE OLDEST APPLICANT'S CLASSIFICATION IS: ------------------------------------------------------------------- -------------------------------------------------------------------- YOUNGEST APPLICANT'S AGE GROUP* STANDARD SUBSTANDARD UNINSURABLE ------------------------------------------------------------------- Ages 15 - 45 ------------------------------------------------------------------- Ages 46 - 55 ------------------------------------------------------------------- Ages 56 - 75 ------------------------------------------------------------------- Ages 76 - 80 ------------------------------------------------------------------- Ages 81 - 85 ------------------------------------------------------------------- *If ---------- -------- ----------- ----------- -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] -------------------------------------------------------------------- [ages] [ages] -------------------------------------------------------------------- * lf both applicants are in the same age group, use the lower rated applicant as the youngest applicant. For example, if both applicants are ages 81 - 85, the Ceding Company can issue up to D/D or Standard/Uninsurable.