AUTOMATIC PORTION REINSURED. THE REINSURER will automatically reinsure under this Agreement, an amount equal to 10% of the net amount at risk related to the face amount of insurance that is in excess of $500,000, up to the First Layer of Coverage amounts shown in Schedule A, Section 5 below.
Appears in 2 contracts
Samples: Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life Variable Universal Account)
AUTOMATIC PORTION REINSURED. THE REINSURER will automatically reinsure under this Agreement, an amount equal to 10% of the net amount at risk related to the face amount of insurance that is in excess of $500,000, 500,000 up to the First Layer of Coverage amounts shown in Schedule A, Section 5 below. THE COMPANY will retain THE corresponding portion of the first $500,000.
Appears in 1 contract
Samples: Automatic and Facultative (Pruco Life Variable Universal Account)
AUTOMATIC PORTION REINSURED. THE REINSURER will automatically reinsure under this Agreement, an amount equal to 10% of the net amount at risk related to the face amount of insurance that is in excess of $500,000, up to the First Layer of Coverage amounts shown in Schedule A, Section 5 below.
Appears in 1 contract
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account)
AUTOMATIC PORTION REINSURED. THE REINSURER will automatically reinsure under this Agreement, an amount equal to 1025% of the net amount at risk related to the face amount of insurance that is in excess of $500,000, up to the First Layer of Coverage amounts shown in Schedule A, Section 5 below.
Appears in 1 contract
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account)
