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Common use of JUMBO LIMITS Clause in Contracts

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. (a) Life: $50,000,000 (b) Waiver of Premium Disability Benefits: Not Reinsured.

Appears in 2 contracts

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

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. (a) Life: $50,000,00025,000,000 (b) Waiver of of' Premium Disability Benefits: Not ReinsuredSame as for life insurance.

Appears in 1 contract

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

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. (a) Life: $50,000,000 S50,000,000 (b) Waiver of Premium Disability Benefits: Not Reinsured.

Appears in 1 contract

Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)