Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2008 VBT ALB S&U rates which have been included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: First Year: 0% Pref Elite 95% 82% 64% 61% 51% Pref NT 126% 103% 79% 69% 60% Std Select 140% 127% 98% 81% 72% Std NT 165% 159% 135% 101% 87% Pref Tob 125% 94% 72% 74% 65% Std Tob 158% 133% 100% 93% 78% Pref Elite 88% 82% 69% 65% 58% Pref NT 111% 101% 80% 73% 67% Std Select 125% 122% 95% 81% 78% Std NT 162% 153% 120% 102% 94% Pref Tob 108% 78% 70% 74% 77% Std Tob 150% 113% 96% 90% 95% First Year: 0% Pref Elite 88% 65% 52% 52% 49% Pref NT 109% 83% 65% 60% 57% Std Select 122% 103% 82% 70% 69% Std NT 151% 135% 112% 87% 85% Pref Tob 105% 80% 68% 70% 72% Std Tob 132% 112% 93% 87% 86% Pref Elite 84% 67% 57% 59% 54% Pref NT 104% 85% 68% 65% 62% Std Select 119% 102% 80% 75% 74% Std NT 152% 133% 102% 92% 89% Pref Tob 100% 70% 63% 65% 79% Std Tob 138% 102% 87% 85% 95% First Year: 0% Pref Elite 82% 57% 48% 49% Pref NT 100% 71% 60% 56% Std Select 111% 89% 75% 64% Std NT 133% 115% 99% 78% Pref Tob 96% 74% 68% 68% Std Tob 116% 99% 92% 83% Pref Elite 83% 61% 52% 54% Pref NT 101% 77% 62% 62% Std Select 116% 93% 73% 69% Std NT 144% 115% 93% 84% Pref Tob 94% 65% 63% 65% Std Tob 128% 95% 87% 85% First Year: 0% Pref Elite 81% 54% 47% 48% Pref NT 99% 68% 58% 54% Std Select 109% 85% 72% 61% Std NT 131% 109% 95% 74% Pref Tob 97% 70% 67% 64% Std Tob 115% 96% 90% 78% Pref Elite 82% 56% 50% 50% Pref NT 99% 70% 59% 55% Std Select 114% 85% 69% 60% Std NT 139% 106% 87% 72% Pref Tob 92% 63% 64% 62% Std Tob 127% 92% 87% 76% First Year: 0% Pref Elite 80% 54% 46% Pref NT 98% 67% 56% Std Select 108% 83% 68% Std NT 129% 109% 89% Pref Tob 96% 69% 64% Std Tob 112% 95% 85% Pref Elite 80% 54% 46% Pref NT 95% 67% 54% Std Select 110% 81% 64% Std NT 133% 104% 79% Pref Tob 92% 62% 61% Std Tob 124% 90% 83% Post-Level Period Reinsurance Premiums: 88% of the direct post-level premium rates The Reinsurer shall receive its proportionate share of any extra premiums payable due to additional mortality risk. Table extra premiums are equal to 25% of the standard basic p...
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2008 VBT ALB S&U rates which have been included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: First Year: 0% Female NT Residual 115% 102% 88% 90% 92% 80% 67% 59% NT Preferred 97% 83% 72% 70% 78% 65% 55% 46% NT Pref Elite 71% 69% N/A N/A 57% 54% N/A N/A TB Residual 122% 106% 89% 84% 98% 83% 68% 55% TB Preferred 103% 88% 75% 73% 82% 69% 57% 48% Male NT Residual 112% 102% 86% 88% 90% 80% 65% 58% NT Preferred 94% 81% 68% 68% 75% 63% 52% 45% NT Pref Elite 71% 70% N/A N/A 57% 55% N/A N/A TB Residual 120% 103% 86% 81% 96% 80% 65% 53% TB Preferred 99% 86% 71% 71% 79% 67% 54% 47% * For Preferred Elite, issue age 60 (the maximum issue age for that risk class), please use the age 40-59 rate. ** For policies issued on a unisex basis, please use a weighted average of 80% of the applicable male rate and 20% of the applicable female rate, as specified in the 2008 VBT Unisex rates which have been included at the end of this Exhibit. The Reinsurer shall receive its proportionate share of any extra premiums payable due to additional mortality risk. Table extra premiums are equal to 22.5% of the Standard Non-Nicotine or Standard Nicotine premiums for each assessed table of extra mortality. Where a fractional rating is determined, the multiple extra rating is rounded down to the next lowest whole number for the purposes of calculating the reinsurance premium.
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates included at the end of this Exhibit, subject to the allowances shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The Reinsurer will pay the following allowances to the Company on the premiums payable hereunder: 50 – 85 140% 23% 50 – 79 110% 9% 80 – 85 110% 5% Not applicable. The Terminal Illness Rider specified in Exhibit A will be reinsured at no additional cost to the Company. I486326US-14 (02-21-2014) (QT #06655US13)
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates labeled 2001 VBT S&U ANB included at the end of this Exhibit. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: Standard NT Preferred NT Preferred Plus NT Standard TB Preferred TB The above rates include Table C to Standard Shaving Program. Table C to Standard Guidelines are attached at the end of this subsection. Any extra premiums payable due to additional mortality risk will be payable to the Reinsurer. Multiple extra premiums are equal to the sum of the standard premium and 25% of the standard premium for each assessed table of extra mortality There is no policy fee applicable.
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy by the appropriate set of rates previously attached to this Agreement. Premiums will be payable on a policy year basis, regardless of the premium payment mode under the original insurance, and the Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. Substandard Premiums: Premiums on substandard business will be based on the standard rate increased by an extra 25% per table of assessed rating. Any extra premiums payable on account of additional mortality risk will be payable to the Reinsurer.
Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages of the 2001 VBT ALB Sex- and Smoker- Distinct Select & Ultimate Rate Tables will be applied to the reinsurance premiums in all years: Pref Plus NS 41 % 50 % 55 % Pref NS 45 % 55 % 65 % Std NS 57 % 67 % 77 % Smoker 65 % 75 % 91 % Extra Premiums: Any extra premiums payable due to additional mortality risk will be payable to the Reinsurer. Multiple extra premiums are equal to the sum of the standard premium and 25% of the standard premium for each assessed table of extra mortality. The maximum annual reinsurance premium rate per dollar of Net Amount at Risk will be subject to a maximum of 1. Policy Fee: There is no policy fee applicable
