Common use of PREMIUM RATE GUARANTEE Clause in Contracts

PREMIUM RATE GUARANTEE. The Ceding Company agrees to notify the Reinsurer of any intent to increase current cost of insurance rates charged for new or existing business. For the reinsurance of new business, the Reinsurer reserves the right to change reinsurance rates after 90 days written notice. For the ongoing reinsurance of existing in force business, the Reinsurer will accept YRT reinsurance at the current reinsurance premium rates, as shown in Exhibit D, unless the Ceding Company increases the current cost of insurance rates charged to the policyholder. [terms of rate guarantee redacted] IDSL-NY Succession Select Treaty

PREMIUM RATE GUARANTEE. The Ceding Company agrees to notify the Reinsurer of any intent to increase current cost of insurance rates charged for new or existing business. For the reinsurance of new business, the Reinsurer reserves the right to change reinsurance rates after 90 days written notice. For the ongoing reinsurance of existing in force business, the Reinsurer will accept YRT reinsurance at the current reinsurance premium rates, as shown in Exhibit D, unless the Ceding Company increases the current cost of insurance rates charged to the policyholder. [terms of rate guarantee redacted] IDSL-NY IDS Succession Select Treaty

PREMIUM RATE GUARANTEE. The Ceding Company agrees to notify the Reinsurer of any intent to increase current cost of insurance rates charged for new or existing business. For the reinsurance of new business, the Reinsurer reserves the right to change reinsurance rates after 90 days written notice. For the ongoing reinsurance of existing in force business, the Reinsurer will accept YRT reinsurance at the current reinsurance premium rates, as shown in Exhibit D, unless the Ceding Company increases the current cost of insurance rates charged to the policyholder. [terms of rate guarantee redacted] IDSL-NY IDSL Succession Select Treaty