PREMIUM RATE GUARANTEE. Although the Reinsurer anticipates that the premium rates in Exhibit D will apply indefinitely, it guarantees only that the premium rates applicable to the business reinsured under this Agreement will not exceed the greater of: (1) the reinsurance premium rates specified in Exhibit D, or (2) the YRT net premiums at the applicable statutory minimum valuation mortality table and statutory maximum interest rate for the reinsured business. The Reinsurer does not anticipate holding any deficiency reserves on the business reinsured under this Agreement.
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Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Guaranteed Issue and Fully Underwritten (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
PREMIUM RATE GUARANTEE. Although the Reinsurer anticipates that the premium rates in Exhibit D will apply indefinitely, it guarantees only that the premium rates applicable to the business reinsured under this Agreement will not exceed the greater of: (1) the reinsurance premium rates specified in Exhibit D, or (2) the YRT net premiums at the applicable statutory minimum valuation mortality table and statutory maximum interest rate for the reinsured business[*]. The Reinsurer does not anticipate holding any deficiency reserves on the business reinsured under this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
PREMIUM RATE GUARANTEE. Although the Reinsurer anticipates that the premium rates in Exhibit D will apply indefinitely, it guarantees only that the premium rates applicable to the business reinsured under this Agreement will not exceed the greater of: (1) the reinsurance premium rates specified in Exhibit D, or (2) the YRT U.S. statutory valuation net premiums at applicable to the applicable statutory minimum valuation covered policies calculated using the appropriate 2001 CSO sex and smoker distinct, select and ultimate, age last birthday mortality table and maximum statutory maximum interest rate for the reinsured business. The Reinsurer does not anticipate holding any deficiency reserves on the business reinsured under this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Variable Life Separate Account A)
PREMIUM RATE GUARANTEE. Although the Reinsurer anticipates that the premium rates in Exhibit D will apply indefinitely, it guarantees only that the premium rates applicable to the business reinsured under this Agreement will not exceed the greater of: (1) the reinsurance premium rates specified in Exhibit D, or (2) the YRT net premiums at the applicable statutory minimum valuation mortality table and statutory maximum interest rate for the reinsured business. The Reinsurer does not anticipate holding any deficiency reserves on the business reinsured under this Agreement.:
Appears in 1 contract
Samples: Ance Agreement (Farmers Variable Life Separate Account A)
