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: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account), Automatic Yrt Reinsurance Agreement (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 reductions specified in Section II, above shall apply to multiple table substandard premiums.

Appears in 1 contract

Samples: Automatic Reinsurance Agreement (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: Automatic Yrt Reinsurance Agreement (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 2, above, shall apply to multiple table substandard premiums. EXHIBIT B Page 6 (Revised August 1, 1998)

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)

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