Common use of Contractual Increases Clause in Contracts

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 5 contracts

Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Renewable Term Reinsurance Agreement (American National Variable Life Separate Account)

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Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the ReinsurerMARC’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 5 contracts

Samples: Benefit Payments Procedure (First Trinity Financial CORP), Tiaa-Cref Life Separate Account Vli-1, Symetra Separate Account Sl

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s 's facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 5 contracts

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yrt Reinsurance Agreement (American National Variable Life Separate Account)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. A. For policies with increasing net amount at risk, the Reinsurer's additional liability will be no more than its share of one times the initial net amount at risk. In no event will the Reinsurer's liability exceed the automatic binding limit. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount Amount shown in the Reinsurer’s 's facultative offer. Reinsurance premiums for contractual Contractual increases will be on a point-in-scale basis from the original issue age of the policyPolicy.

Appears in 2 contracts

Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), The Agreement (Llac Variable Account)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the ReinsurerIHLIC’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 1 contract

Samples: Benefit Payments Procedure (First Trinity Financial CORP)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. 3, The Reinsurer’s Automatic Participation Limits and Automatic Pool Binding Limits. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s MARC's facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s REINSURER's facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions will be accepted only up to the Automatic Binding Limits shown in Exhibit B. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the ReinsurerXXXX’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.for

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)

Contractual Increases. For policies reinsured on an automatic basis, reinsurance of on net amount at risk increases in amount resulting from contractual policy provisions will be accepted only up limited to 150% of the Automatic Binding Limits shown in Exhibit B. Initial Amount at Risk. For policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in the Reinsurer’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.

Appears in 1 contract

Samples: The Agreement (Carillon Life Account)

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