Common use of Conditional Receipt or Temporary Insurance Agreement Liability Clause in Contracts

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s 's conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4.

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s 's conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s 's contractual liability and is limited to the Reinsurer’s 's share, as shown in Exhibit A, of amounts accepted within the Company’s 's usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s 's liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s 's contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s 's facultative offer has been accepted. The Reinsurer’s 's liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s 's usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4.

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s 's conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s 's contractual liability and is limited to the Reinsurer’s 's share, as shown in Exhibit A, of amounts accepted within the Company’s 's usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s 's liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s 's contractual liability if the Reinsurer has received notice from the Company that has, or would have accepted, the Reinsurer’s 's facultative offer has been acceptedin accordance with Exhibit A-2. The Reinsurer’s 's liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s 's usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. This provision is also applicable to facultative applications which have not yet been submitted to the Reinsurer but which could reasonably be expected to be submitted based on the Company's normal and customary rules for submitting facultative applications. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4.

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 12107058US·19 (ODB#I02020US-08) 401.01·20191 (QT17345US18l

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 A5-166817US-05 (ODB#I02020US-0806-01-2009) 4ODB# 103515US-09

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-with- application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4.

Conditional Receipt or Temporary Insurance Agreement Liability. Automatic reinsurance coverage provided by the Reinsurer for the Company’s conditional receipt or temporary insurance agreement will begin simultaneously with the Company’s contractual liability and is limited to the Reinsurer’s share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. For facultative applications submitted to the Reinsurer, the Reinsurer’s liability under a conditional receipt or a temporary insurance agreement will begin simultaneously with the Company’s contractual liability if the Reinsurer has received notice from the Company that the Reinsurer’s facultative offer has been accepted. The Reinsurer’s liability is limited to its share, as shown in Exhibit A, of amounts accepted within the Company’s usual cash-with-application procedures for temporary coverage, up to the limits shown in Exhibit E. If the proposed insured dies prior to the completion of the underwriting process, the Reinsurer will continue underwriting the risk to determine if a facultative offer would have been made on the risk. If so, the Reinsurer will accept liability for the risk, subject to the limits specified in the paragraph above. The Reinsurer has no liability for facultative applications that the Company has not submitted to the Reinsurer. 196474US-08 ml 20070727 (ODB#I02020US-08) 4.