Common use of Automatic Limits Clause in Contracts

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 per life Ultimate - $8,000,000 per life No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - 15 25,000 45,000 40,000 50,000 16 - 20 35,000 55,000 50,000 60,000 21 - 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum GI/ SI retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 6,000,000 per life Ultimate - $8,000,000 per life Death Benefit Factors No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - – 15 25,000 45,000 40,000 50,000 60,000 16 - – 20 35,000 55,000 50,000 45,000 65,000 60,000 80,000 21 - – 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000100,000 41 + 75,000 95,000 90,000 110,000

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 per life Ultimate - $8,000,000 per life Death Benefit Factors No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - – 15 25,000 45,000 40,000 50,000 60,000 16 - – 20 35,000 55,000 50,000 45,000 65,000 60,000 80,000 21 - – 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000100,000 41 + 75,000 95,000 90,000 110,000

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 per life Ultimate - $8,000,000 per life No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - – 15 25,000 45,000 40,000 50,000 16 - – 20 35,000 55,000 50,000 60,000 21 - – 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 per life Ultimate - $8,000,000 per life No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - – 15 25,000 45,000 40,000 50,000 60,000 16 - – 20 35,000 55,000 50,000 45,000 65,000 60,000 80,000 21 - – 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000100,000 41 + 75,000 95,000 90,000 110,000

Automatic Limits. The Company cedes 65% (sixty-five percent) of the risk. Once (if) the Company’s maximum GI/SI retention is full, 100% of the risk is ceded to the pool. The following chart outlines the automatic capacity only. The following Automatic Limits apply to policies within the Location limit. If the Automatic Limit is exceeded, the Company can submit the whole risk to reinsurers on a Facultative basis. Maximum issue amount subject to Death Benefit (DB) Factors below: Initial - $5,000,000 6,000,000 per life Ultimate - $8,000,000 per life No. of Lives Death Benefit Factors GI GI Plus Simplified Simplified Plus 10 - – 15 25,000 45,000 40,000 50,000 60,000 16 - – 20 35,000 55,000 50,000 45,000 65,000 60,000 80,000 21 - – 40 50,000 70,000 65,000 75,000 41 + 65,000 85,000 80,000 90,000100,000 41 + 75,000 95,000 90,000 110,000