Common use of Life Premiums Clause in Contracts

Life Premiums. Until further notice, the reinsurance premiums based on the applicable reinsurance amount at risk as described in Article 4, shall be at the rates described in Articles 5.2. and 5.3. OPTIMUM RE reserves the right to review and modify these reinsurance premiums.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (US Alliance Corp)

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Life Premiums. Until further notice, the reinsurance premiums based on the applicable reinsurance amount at risk as described in Article 44 and SCHEDULE B, shall be at the rates described in Articles 5.2. and 5.3. OPTIMUM RE reserves the right to review and modify these reinsurance premiums.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Midwest Holding Inc.)

Life Premiums. Until further notice, the reinsurance premiums based on the applicable reinsurance amount at risk as described in Article 44 and SCHEDULE B, shall be at the rates described in Articles 5.2. and 5.3. OPTIMUM RE INVESTORS HERITAGE reserves the right to review and modify these reinsurance premiums.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Midwest Holding Inc.)

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Life Premiums. Until further notice, the reinsurance premiums based on the applicable reinsurance amount at risk as described in Article 4, shall be at the rates described in Articles 5.2. and 5.3. multiplied by the applicable Reinsured Net Amount at Risk as described in Article 4, divided by one thousand (1,000). Although OPTIMUM RE reserves anticipates that the right to review and modify these reinsurance premiums.premiums will apply indefinitely, OPTIMUM RE guarantees the reinsurance premium rates for a period of one (1) year. [REDACTED]

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (Symetra Separate Account Sl)

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