INSURANCE COMPANIES AND PRODUCTS Sample Clauses

INSURANCE COMPANIES AND PRODUCTS. The following are the standard insurance products upon which the commissions described in paragraph "2" of this Annex are paid: ALL AMERICAN LIFE INSURANCE COMPANY Preferred Whole Life Preferred Uniform Decreasing Term (PUDT-65) *Specified riders attached at time of policy issue LIBERTY NATIONAL LIFE INSURANCE COMPANY Whole Life (BANDED SERIES ONLY) Decreasing Term to Ages 65, 70, 75, 80, and 85 (last 5 years level) (DT-65, 70, 75, 80, and 85) All riders attached at time of policy issue and DT-65, 70, 75, 80, or 85 riders added to existing policies. MONUMENTAL LIFE INSURANCE COMPANY Whole Life Uniform Decreasing Term to Ages 65 and 85 (UDT-65 and 85) Decreasing Term to Age 80 (DT-80) All riders attached at time of policy issue and UDT-65, DT-80, or UDT-85 riders added to existing policies. THE OLD LINE LIFE INSURANCE COMPANY OF AMERICA Preferred Whole Life Preferred Uniform Decreasing Term (PUDT-65) *Specified riders attached at time of policy issue SECURITY BENEFIT LIFE INSURANCE COMPANY** Whole Life Decreasing Term to Age 65 (DT-65) All riders attached at time of policy issue --------------------------- * Only PUDT-65 may be written as a rider on Preferred Whole Life (PWL). Other decreasing term riders are not authorized. Child rider, OPAI, GIO (AL only), and WP may be written on both PUDT-65 and PWL. ** No commission is paid on the portion of first year premium which is a policy fee. Commissions to be paid and PC granted on products other than those listed above shall be 40% of the first-year premiums. Subject to satisfying the requirements in paragraph "3.a.," above, PC and commissions shall be credited/paid to the original Agent on riders added to an existing policy during the first policy year, and will be credited/paid pro rata during the BALANCE of the first policy year after such addition. NO PC OR COMMISSION SHALL BE CREDITED/PAID ON RIDERS ADDED TO A POLICY AFTER THE FIRST POLICY YEAR, except for the addition of decreasing term riders to existing Monumental Life and Liberty National policies, for which full first-year commission will be paid to the Agent who adds the decreasing term rider. PC will be granted in accordance with paragraph "3" above. -------------------------------------------------------------------------------- A-2 ANNEX B USPA&IRA RR/AGENT AGREEMENT USPA RR COMMISSION
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