Automatic Issue Limits Sample Clauses

Automatic Issue Limits. The amount specified in Schedule C, “Reinsurance Limits”, used to determine the maximum amount written by the Company, including the Company’s Retention, that qualifies for Automatic Reinsurance. This includes all coverage amounts (including known Ultimate Amounts) applied for or issued by the Company with all reinsurers at the time of consideration of the current application.

Automatic Issue Limits. Automatic Quota Share: Minimum face amount: $[_____] Maximum face amount: $[_____] Automatic Excess: Minimum face amount: $[_____] Maximum face amount: $[_____]

Automatic Issue Limits. The following chart outlines the automatic capacity available, including the Company’s Retention, the Reinsurer’s Retention and Retrocession coverage available to the Reinsurer. The capacity listed applies only to policies within the Jumbo Limit. If the limits for Automatic Reinsurance are exceeded, the Company can submit the risk on a Facultative Reinsurance basis. • Automatic Issue Limits for aviation are reduced in proportion to the Company’s retention reduction. • Entertainers and Professional Athletes are not to be included for Automatic Reinsurance. • The survivorship chart assumes both lives are in the same cell. • Both the individual and survivorship substandard cells ages 86 to 90 are retention only. Individual Life Retention Limits: • Retention is reduced by 50% for an aviation risk. • Aviation may be excluded for any impairment when rated up to table 4 (200%) for an individual policy; aviation should be excluded when rated over table 4 (> 200%) • If issuing an individual life policy with an aviation exclusion, full retention for age and mortality rating is available • Maximum retention on a professional athlete is $5,000,000 Survivorship Retention Limits:

Automatic Issue Limits. Effective April 20, 2024

Automatic Issue Limits. The following chart outlines the automatic capacity available, including the Company’s Retention, the Reinsurer’s Retention and Retrocession coverage available to the Reinsurer. The capacity listed applies only to policies within the Jumbo Limit. If the limits for Automatic Reinsurance are exceeded, the Company can submit the risk on a Facultative Reinsurance basis. ISSUE AGE Standard or better Tbl. 1 – Tbl. 4 (125%-200%) Tbl. 5 – Tbl. 8 (225%-300%) Tbl. 9 – Tbl. 16 (325%-500%)

Automatic Issue Limits. The total Automatic Issue Amounts available to the Ceding Company on a per life basis, including amounts retained by the Ceding Company and all automatic reinsurance, will be as follows. Preferred consideration will be on an individual basis. Single Life: Joint Life: