Life Premiums. 1) Until further notice, reinsurance premiums shall be at the rates given in the attached Exhibit B. The North American Re guarantees that premium rates for a given attained age, rating and duration shall not exceed the higher of the rate shown in the attached schedule (Exhibit B) for that age, rating and duration or the one year term rate on the appropriate multiple of the 1958 CSO table at 2 1/2%. 2) The reinsurance premiums are annual policy year premiums payable in advance at the beginning of the month following issue and the beginning of the month in which a renewal anniversary occurs.
Appears in 4 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
Life Premiums. 1) Until further notice, reinsurance premiums shall be at the rates given in the attached Exhibit B. The North American Re guarantees that premium rates for a given attained age, rating and duration shall not exceed the higher of the rate shown in the attached schedule (Exhibit B) for that age, rating and duration or the one year term rate on the appropriate multiple of the 1958 CSO table at 2 1/2%.
2) The reinsurance premiums are annual policy year premiums payable in advance at the beginning of the month following issue and the beginning of the month in which a renewal anniversary occurs.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
