Common use of FACULTATIVE OBLIGATORY REINSURANCE Clause in Contracts

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE by telephone. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "Notification of Reinsurance" form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS ANNUITY & LIFE RE by telephone. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "“Notification of Reinsurance" ” form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE MUNICH by telephone. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "Notification of Reinsurance" form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE AUSA by telephonefacsimile. The request will include the name of the insured, date of birth, ceding company, amount applied for and amount inforce. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "“Notification of Reinsurance" ” form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE by telephone. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "“Notification of Reinsurance" ” form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF of NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE AUSA by telephone. If PRUCO OF of NJ reserves capacity and the policy is issued, PRUCO OF of NJ must submit a form substantially similar to the "Notification of Reinsurance" form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS ANNUITY & LIFE RE by telephone. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "Notification of Reinsurance" form shown in Schedule F.

FACULTATIVE OBLIGATORY REINSURANCE. When a policy does not qualify for automatic reinsurance because (1) the Automatic Acceptance Limit is exceeded, (2) the Jumbo Limit is exceeded or (3) the applicant is employed in an occupation included in the Occupation Exclusion List in Schedule A, PRUCO OF NJ may make a request to reserve capacity through facultative obligatory reinsurance by contacting SWISS RE AUSA by telephonefacsimile. The request will include the name of the insured, date of birth, ceding company, amount applied for and amount inforce. If PRUCO OF NJ reserves capacity and the policy is issued, PRUCO OF NJ must submit a form substantially similar to the "Notification of Reinsurance" form shown in Schedule F.