Common use of FACULTATIVE REINSURANCE Clause in Contracts

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative Facultative basis. The Ceding Company will apply for reinsurance on a facultative Facultative basis by sending to the Reinsurer an Application application for Facultative Reinsurancereinsurance, providing the information outlined in Exhibit H. F. Accompanying this Application application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' ’ reports, attending physicians' ’ statements, inspection reports, Ultimate Amount applied for in all companies, Ultimate Amount to be placed in all companies and Ultimate Amount to be in force in all companies, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative Facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately promptly transmitted to the Reinsurer. After consideration of the Application application for Facultative Reinsurance reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's ’s offer will expire at the end of 120 one hundred twenty (120) days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer Reinsurer for consideration, the Allocation Rules current allocation rules for Placement placement of Facultative Cases cases as outlined in Exhibit D H will apply. The relevant terms and conditions of this Agreement will apply to those facultative Facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B 1, Reinsurance Specifications, to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. 4, Application for Reinsurance. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' ’ reports, attending physicians' ’ statements, inspection reports, and any other information bearing on pertaining to the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. Failure to provide the information as outlined above to the Reinsurer will negate any facultative reinsurance offer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's ’s offer will expire at the end of 120 daysdays from the date of receipt of the Application, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding CompanyCompany in accordance with this Section 4, Facultative Reinsurance. Reservation of facilities in no way implies any acceptance of risk by the Reinsurer.

FACULTATIVE REINSURANCE. 3.1 The Ceding Company may submit any application on a plan or rider identified in Exhibit B - Plans Covered and Binding Limits, to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing information similar to the information example outlined in Exhibit H. F - Application for Facultative Reinsurance. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptableCeding Company accepts the Reinsurer's offer, then the Ceding Company will notify the Reinsurer in writing of note its acceptance of in its underwriting file and submit all relevant individual policy information in its next statement to the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will applyReinsurer. The relevant terms and conditions of this the Agreement will apply to those facultative offers made by the Reinsurer and which are accepted by the Ceding Company.. IDS Succession Select Treaty

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. D. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' ’ reports, attending physicians' ’ statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's ’s offer will expire at the end of 120 one hundred twenty (120) days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative Facultative basis. The Ceding Company will apply for reinsurance on a facultative Facultative basis by sending to the Reinsurer an Application application for Facultative Reinsurancereinsurance, providing the information outlined in Exhibit H. F. Accompanying this Application application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, Ultimate Amount applied for in all companies, Ultimate Amount to be placed in all companies and Ultimate Amount to be in force in all companies, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative Facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately promptly transmitted to the Reinsurer. After consideration of the Application application for Facultative Reinsurance reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 days[*], unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer Reinsurer for consideration, the Allocation Rules current allocation rules for Placement placement of Facultative Cases cases as outlined in Exhibit D G will apply. The relevant terms and conditions of this Agreement will apply to those facultative Facultative offers made by the Reinsurer and accepted by the Ceding Company.. (019)11220-00-00 0 2/16/2011

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B 13 to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. F. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 20 days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative Facultative basis. The Ceding Company will apply for reinsurance on a facultative Facultative basis by sending to the Reinsurer an Application application for Facultative Reinsurancereinsurance, providing the information outlined in Exhibit H. G. Accompanying this Application application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, Ultimate Amount applied for in all companies, Ultimate Amount to be placed in all companies and Ultimate Amount to be in force in all companies, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative Facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately promptly transmitted to the Reinsurer. After consideration of the Application application for Facultative Reinsurance reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 one hundred twenty (120) days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer Reinsurer for consideration, the Allocation Rules current allocation rules for Placement placement of Facultative Cases cases as outlined in Exhibit D H will apply. The relevant terms and conditions of this Agreement will apply to those facultative Facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. 3.1 The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer MARC for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer MARC an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. K. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' ’ reports, attending physicians' ’ statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer MARC of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the ReinsurerMARC. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer MARC will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's MARC’s offer will expire at the end of 120 days, unless otherwise specified by the ReinsurerMARC. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer MARC in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by Unless the Ceding CompanyCompany gives notification before the expiration date, there shall not be any reinsurance on the risk.

FACULTATIVE REINSURANCE. 3.1 The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative basis. The Ceding Company will apply for reinsurance on a facultative basis by sending to the Reinsurer an Application for Facultative Reinsurance, providing the information outlined in Exhibit H. D. Accompanying this Application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' ’ reports, attending physicians' ’ statements, inspection reports, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately transmitted to the Reinsurer. After consideration of the Application for Facultative Reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's ’s offer will expire at the end of 120 one hundred twenty (120) days, unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer for consideration, the Allocation Rules for Placement of Facultative Cases as outlined in Exhibit D will apply. The relevant terms and conditions of this Agreement will apply to those facultative offers made by the Reinsurer and accepted by the Ceding Company.

FACULTATIVE REINSURANCE. The Ceding Company may submit any application on a plan or rider identified in Exhibit B to the Reinsurer for its consideration on a facultative Facultative basis. The Ceding Company will apply for reinsurance on a facultative Facultative basis by sending to the Reinsurer an Application application for Facultative Reinsurancereinsurance, providing the information outlined in Exhibit H. G. Accompanying this Application application will be copies of all underwriting evidence that is available for risk assessment including, but not limited to, copies of the application for insurance, medical examiners' reports, attending physicians' statements, inspection reports, Ultimate Amount applied for in all companies, Ultimate Amount to be placed in all companies and Ultimate Amount to be in force in all companies, and any other information bearing on the insurability of the risk. The Ceding Company also will notify the Reinsurer of any outstanding underwriting requirements at the time of the facultative Facultative submission. Any subsequent information received by the Ceding Company that is pertinent to the risk assessment will be immediately promptly transmitted to the Reinsurer. After consideration of the Application application for Facultative Reinsurance reinsurance and related information, the Reinsurer will promptly inform the Ceding Company of its underwriting decision. The Reinsurer's offer will expire at the end of 120 days[*], unless otherwise specified by the Reinsurer. If the underwriting decision is acceptable, the Ceding Company will notify the Reinsurer in writing of its acceptance of the offer. If any risk is to be submitted to more than one reinsurer Reinsurer for consideration, the Allocation Rules current allocation rules for Placement placement of Facultative Cases cases as outlined in Exhibit D H will apply. The relevant terms and conditions of this Agreement will apply to those facultative Facultative offers made by the Reinsurer and accepted by the Ceding Company.