JUMBO LIMITS. Issue Age Jumbo Limit ------------------------------------------- [ages] [dollar amount] ------------------------------------------- [ages] [dollar amount] ------------------------------------------- The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the life with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown above.
JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the joint lives with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below.
JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the life with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below.
JUMBO LIMITS. The ceding company shall not cede automatically to The Guardian any risk on an individual life if the all company amount of Life Insurance in force plus the amount applied for exceeds the following: Ages Preferred-Class 4 Class 5 - 16 ---- ----------------- ------------ 0-15 $10,000,000 $ 5,000,000 16-70 15,000,000 10,000,000 71-75 10,000,000 2,750,000 Over 75 2,750,000 2,750,000 EXHIBIT D PREMIUM RATES [information has been redacted as confidential] EXHIBIT E TEN YEAR SELECT NON REFUND RISK PREMIUM REINSURANCE (RPR) PROGRAM USE OF THE RATE SCHEDULE FEMALE RATES Ages 0 to 10 Use Rates for Males Same Age Ages 11 to 14 Use Rates for Males Age 10 Ages 15 to 19 Use Rates for Males 4 Years Younger Ages 24 & Older Ages 20 to 23 Use Rates for Males Age 20 SUBSTANDARD RISKS Multiple table substandard premiums are equal to the sum of the standard premium and the appropriate multiple of the additional premiums for 25% excess mortality shown in the Substandard table. For example: if a risk is rated Class D, 200%, the premium per thousand for each age and duration is the standard premium plus four times the additional substandard premium. Reinsurance premiums for risks which have been rated on a multiple table basis shall revert to the standard premium on the later of the twentieth policy anniversary and attained age 65. 10 YEAR SELECT NON-REFUND REINSURANCE RATES DIFFERENTIATED BY SMOKING HABIT NRN-6514-1 AGE NEAREST BIRTHDAY TEN YEAR SELECT NON REFUND YRT REINSURANCE PROGRAM USE OF THE RATE SCHEDULE SMOKER / NONSMOKER DIFFERENTIATION This schedule contains YRT rates which are differentiated by smoking habit for issue ages 20-69. These rates are to be used only where the Ceding Company's gross premiums are differentiated by smoking habit. For reinsurance generated from plans of insurance where the Ceding Company does not differentiate its premiums by smoking habit, Swiss Re America's undifferentiated YRT reinsurance premium schedule should be used. FEMALE RATES Ages 0 to 10 Use Rates for Males Same Age Ages 11 to 14 Use Rates for Males Age 10 Ages 15 to 19 Use Rates for Males 4 Years Younger Ages 20 to 23 Use Rates for Males Age 20 Ages 24 and Older Use Rates for Males 4 Years Younger SUBSTANDARD RISKS Multiple table substandard premiums are equal to the sum of the standard premium (smoker, Nonsmoker, or undifferentiated) and the appropriate multiple of the additional premiums for 25% excess mortality shown in the Substandard table. For example: if a risk is rated Cl...
JUMBO LIMITS. The total amount of insurance in force shall not exceed the Jumbo Limit outlined in Schedule C, “Reinsurance Limits”. For the purposes of this Agreement, the total amount of insurance shall equal:
JUMBO LIMITS. The ceding company shall not cede automatically to The Guardian any risk on an individual life if the all company amount of Life Insurance in force plus the amount applied for exceeds the following: Ages Preferred-Class 4 Class 5 - 16 ---- ----------------- ------------ 0-15 $10,000,000 $ 5,000,000 16-70 15,000,000 10,000,000 71-75 10,000,000 2,750,000 Over 75 2,750,000 2,750,000 EXHIBIT D ALLOWANCE SCHEDULE [Information has been redacted as confidential] EXHIBIT E MODIFIED COINSURANCE RESERVE ADJUSTMENT The ceding company shall establish and maintain life reserves on the policies reinsured under this agreement. The Guardian shall share in these reserves by means of a modified coinsurance reserve adjustment (MRA). The Annual MRA shall be computed by deducting (a) the reserves on December 31st of the preceding calendar year on the portions of the policies reinsured under the terms of this contract, with one year's interest as defined below from (b) the reserves on December 31st of the current calendar year on the portions of the policies reinsured on that date. Reserves refer to statutory reserves held in the Life Insurance sections of the general account and separate account reserve exhibits. The interest in the MRA calculation is defined as follows: for variable coverages the interest shall equal the investment earnings credited to the policies; for fixed coverages the interest rate shall be the general account rate allocated to the non-variable coverages. (The investment risk on the non-variable coverages is insignificant. These coverages include a yearly renewable term rider, extended term insurance and non-participating fixed reduced paid up insurance resulting from the variable coverage.) The monthly MRA shall be estimated. EXHIBIT F -1
JUMBO LIMITS. The total amount known to be in force and pending formal applications with all companies, including the ultimate increasing amounts of the Company’s policies, without deducting the amounts to be replaced. However, if there are any amounts that will be replaced, either under 1035 or non 1035 replacement where a fully executed Assignment Form transferring the ownership to the Company is obtained, the amounts will not be included in the calculation of the total amount of insurance.
JUMBO LIMITS. Automatic coverage of any risk will be granted only if the total amount in force and applied for on the life in all insurance companies, including any amount to be replaced, does not exceed $65,000,000.
JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the joint lives with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below. Life ---- ------------------------------------------------ Oldest Issue Jumbo Limit Age ------------------------------------------------ [ages] [dollar amount] ------------------------------------------------ [ages] [dollar amount] ------------------------------------------------ [ages] [dollar amount] ------------------------------------------------ [ages] [dollar amount] ------------------------------------------------
JUMBO LIMITS. The Jumbo Limit amount is defined as the total amount known to be in force and pending formal applications with all companies, including the ultimate increasing amounts of the Company’s policies, without deducting amounts to be replaced. However, if there are any amounts that will be replaced, either under 1035 or non 1035 replacement, where a fully executed Assignment Form transferring the ownership to the Company is obtained, the amounts will not be included in the calculation of the total amount of insurance. ISSUE AGE Jumbo Limit . . . The Jumbo Limits for aviation are reduced in proportion to the Company’s retention reduction. Maximum Temporary Insurance Agreement Liability: Single Life: $____________ Survivorship (joint life): $____________
