Common use of Multiple Table Substandard Reinsurance Risk Premiums Clause in Contracts

Multiple Table Substandard Reinsurance Risk Premiums. The reinsurance premiums for substandard risks rated on a multiple mortality table basis shall be equal to a multiple of the standard rate proportionate to the mortality classification. Thus the premium for a Class D (200%) risk shall be equal to twice the standard premium.

Appears in 6 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)

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Multiple Table Substandard Reinsurance Risk Premiums. The reinsurance premiums premium for substandard risks rated on a multiple mortality table basis shall be equal to a multiple of the standard rate proportionate to the mortality classification. Thus Thus, the premium for a Class D (200%[percentage]) risk shall be equal to twice the standard premium. The percentage premium reduction specified in Section 2, above, shall apply to multiple table substandard premiums.

Appears in 3 contracts

Samples: Ids Life Variable Life Separate Account, Ids Life Variable Life Separate Account, Ids Life of New York Account 8

Multiple Table Substandard Reinsurance Risk Premiums. The reinsurance premiums premium for substandard risks rated on a multiple mortality table basis shall be equal to a multiple of the standard rate proportionate to the mortality classification. Thus Thus, the premium for a Class D (200%[percentage]) risk shall be equal to twice the standard premium.. The percentage premium reductions specified in Section 2, above, shall apply to multiple table substandard premiums. EXHIBIT B Page 6 (Revised August 1, 1998)

Appears in 1 contract

Samples: Ids Life Variable Life Separate Account

Multiple Table Substandard Reinsurance Risk Premiums. The reinsurance premiums premium for substandard risks rated on a multiple mortality table basis shall be equal to a multiple of the standard rate proportionate to the mortality classification. Thus Thus, the premium for a Class D (200%) [percentage] risk shall be equal to twice the standard premium. The percentage premium reduction specified in Section 2, above, shall apply to multiple table substandard premiums.

Appears in 1 contract

Samples: Ids Life Variable Life Separate Account

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Multiple Table Substandard Reinsurance Risk Premiums. The reinsurance premiums premium for substandard risks rated on a multiple mortality table basis shall be equal to a multiple of the standard rate proportionate to the mortality classification. Thus Thus, the premium for a Class D (200%[percentage]) risk shall be equal to twice the standard premium. The percentage premium reductions specified in Section II, above shall apply to multiple table substandard premiums.

Appears in 1 contract

Samples: Ids Life Variable Life Separate Account

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