Common use of AUTOMATIC RETENTION LIMIT Clause in Contracts

AUTOMATIC RETENTION LIMIT. PRUCO will retain at least 10% of each policy. PRUCO may cede up to 70% of each policy on a first-dollar quota share basis to other reinsurers.

Appears in 3 contracts

Samples: Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account)

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AUTOMATIC RETENTION LIMIT. UL-VUL II - PRUCO will retain at least 10% of each policy. PRUCO may cede up to 7080% of each policy on a first-dollar quota share basis to other reinsurers. ProFunds - PRUCO will retain at least 10% of each policy. PRUCO may cede up to 80% of each policy on a first-dollar quota share basis to other reinsurers.

Appears in 1 contract

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

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