FOREIGN RESIDENCE EXCLUSIONS. Non-US/Canadian residents will be excluded from automatic reinsurance and handled on a facultative basis if the following conditions apply: o The amount of insurance is in excess of $1 million and o Residence is in a "C" or "D" rated country.
Appears in 4 contracts
Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account)
FOREIGN RESIDENCE EXCLUSIONS. Non-US/Canadian residents will be excluded from automatic reinsurance and handled on a facultative basis if the following conditions apply: o • The amount of insurance is in excess of $1 million and o • Residence is in a "“C" ” or "“D" ” rated country.
Appears in 2 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)
