Automatic Issue and Acceptance Limits Clause Samples

Automatic Issue and Acceptance Limits. For Single Life plans, the total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance, will be as follows. For Joint Life plans, the total combined Automatic Issue Amounts available to the Company on both insureds, including amounts retained by the Company and all automatic reinsurance, will be as follows. -------------------------------------------------------------------------------- ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16 PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50 -------------------------------------------------------------------------------- 0-65 $24,000,000 $18,000,000 $6,000,000 -------------------------------------------------------------------------------- 66-75 $18,000,000 $12,000,000 $6,000,000 -------------------------------------------------------------------------------- 76-80 $12,000,000 $6,000,000 $1,000,000 -------------------------------------------------------------------------------- 81-85 $2,000,000 $100,000* $0* -------------------------------------------------------------------------------- *THESE AMOUNTS REPRESENT THE COMPANY'S RETENTION ONLY. For SGUL Single Life policies with issue ages 0-69, the Reinsurer will automatically accept 30% of the excess over the Company's Retention, as specified in Exhibit D, not to exceed the following limits on a per life basis: -------------------------------------------------------------------------------- ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16 PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50 -------------------------------------------------------------------------------- 0-65 $6,600,000 $4,950,000 $1,650,000 -------------------------------------------------------------------------------- 66-75 $4,950,000 $3,300,000 $1,650,000 -------------------------------------------------------------------------------- 76-80 $3,300,000 $1,650,000 $225,000 -------------------------------------------------------------------------------- 81-85 $450,000 $0 $0 -------------------------------------------------------------------------------- For SGUL Single Life policies with issue ages 70-85, the Reinsurer will automatically accept 25% of the excess over the Company's Retention, as specified in Exhibit D, not to exceed the following limits on a per life basis: -------------------------------------------------------------------------------- ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE ...

Automatic Issue and Acceptance Limits. The total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance, will be as follows: 0-70 $ 19,000,000 $ 19,000,000 71-80 $ 11,400,000 $ 0 The Reinsurer will automatically accept 20% of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the Reinsurer will automatically accept will increase to 28.57%, but the limits stated below will not change. 0-70 $ 4,000,000 $ 4,000,000 71-80 $ 2,400,000 $ 0 For the purpose of determining the Automatic Acceptance Limit in the above table, flat extra ratings are converted at a rate of one table (25%) for each $2.50 per thousand charged through age 70, and $5.00 per thousand ages 71 and up, and added to any multiple ratings. In force and applied for on any one life: $50,000,000 - Ages 0-80, Standard to Table 16 The amount of coverage provided by the Reinsurer under a Conditional Receipt (or Interim Receipt) or Temporary Insurance Agreement will not exceed the lesser of:

Automatic Issue and Acceptance Limits. The total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance, will be as follows: Plan Issue Age Standard to Table .16 SPVL; ISP 0 – 80 $2,000,000 ISWL 0 – 80 $2,000,000 ISP Choice Whole Life; Single Premium VUL 0 – 75 $2,000,000 ISWL-2 0 – 80 $2,000,000 ▇▇ ▇▇ -▇▇ $▇,▇▇▇,▇▇▇ ▇▇▇▇▇ ▇▇▇▇ with 5 Year Rate Guarantee (until May 31, 2009) 10 Year 18 – 65 $2,000,000 15 Year 18 – 55 $2,000,000 20 Year; 30 Year 18 – 50 $2,000,000 Level Term with 5 Year Rate Guarantee (June 1, 2009 onwards) 10 Year (T10) 18 – 65 $2,500,000 20 Year (T20) 18 – 60 $2,500,000 30 Year (T30) 18 – 50 $2,500,000 The Reinsurer will automatically accept 50% of the excess over the Company’s Retention, as specified in Exhibit D, not to exceed the following limits on a per life basis: SPVL; ISP 0 – 80 $925,000 ISWL 0 – 80 $875,000 ISP Choice Whole Life; Single Premium VUL 0 – 75 $925,000 ISWL-2 0 – 80 $875,000 UL 15 – 75 $875,000 The reinsurer will automatically accept 45% of each Policy, not to exceed the limits specified below on a per life basis. If the Company has filled its maximum retention on the life as specified in Exhibit D, the percentage the reinsurer will automatically accept will increase to 50%, but the limits stated below will not change. Level Term with 5 Year Rate Guarantee (until May 31, 2009) 10 Year 18 – 65 $875,000 15 Year 18 – 55 $875,000 20 Year; 30 Year 18 – 50 $875,000 Level Term with 5 Year Rate Guarantee (June 1, 2009 onwards) 10 Year (T10) 18 – 65 $1,125,000 20 Year (T20) 18 – 60 $1,125,000 30 Year (T30) 18 – 50 $1,125,000 ODB# 103515US-09 For the purpose of determining the Automatic Acceptance Limit in the above table, flat extra ratings are converted at a rate of one table (25%) for each $2.50 per thousand charged through age 70, and $5.00 per thousand ages 71 and up, and added to any multiple ratings. In force and applied for on any one life: $15,000,000 Waiver of Premium: Not applicable. Accidental Death: Not Applicable.

Automatic Issue and Acceptance Limits. The total Automatic Issue Amounts available to the Company on a per life basis for the Accidental Death Benefit Rider will be as follows: $500,000 The Reinsurer will automatically accept 90% of each Policy, not to exceed the limits specified below on a per life basis. $450,000 I478580US-13 (06-01-2013) Stand-alone ADB (QT #06635US13)

Automatic Issue and Acceptance Limits. The total Automatic Issue Amounts available to the Company on a per life basis, including amounts retained by the Company and all automatic reinsurance and includes any additional coverage provided by the Estate Preservation Rider (EPR), will be as follows: [REDACTED] For Joint Life: The definition of acceptance limits must be met for both lives, however the acceptance limit will be driven by the amount available based on the insured with the highest Automatic Issue Amount. Each life is underwritten for one half of the face amount and EPR amount, if applicable, with respect to the amount based on routine requirements. Only Death Benefit Option A is available on Survivorship policies. [REDACTED] The Reinsurer will automatically accept [REDACTED] of the excess over the Company's Retention, as specified in Exhibit D. If the Company is already on the risk for its retention or a portion of its retention under a previously issued policy or policies, the Reinsurer will automatically accept up to the full [REDACTED] (or a proportionate basis based on the Company's previously retained amount) of the total Automatic Issue Amount (up to [REDACTED] or the maximum at a given age or rate as specified above) for newly issued policies provided the Company has complied with the Business Guidelines that would have applied if the new policy had been fully retained by the Company. No reinsurance will be ceded on an automatic basis when the age or rate designates "Company retention only". In Force Limits: In force and applied for on any one life: [REDACTED] For survivorship policies, the In Force Limit is based on: [REDACTED] Notwithstanding the preceding, in the event that the Company issued a policy that causes the In Force Limit to be exceeded 1) either unintentionally or as a result of all or a portion of the amount tendered for replacement not being cancelled or terminated for any reason;