Common use of Automatic Issue Limits Clause in Contracts

Automatic Issue Limits. For any policy to be reinsured under automatic reinsurance, the maximum face amount will not exceed $65 million. Automatic Issue Limits may vary based on issue age and substandard rating.

Appears in 9 contracts

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

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Automatic Issue Limits. For any policy to be reinsured under automatic reinsurance, the maximum face amount will not exceed $65 million. Automatic Issue Limits may vary based on issue age and substandard rating.. [Missing Graphic Reference]

Appears in 1 contract

Samples: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)

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