RECAPTURE PERIOD. The minimum number of years for a policy to be reinsured before it is eligible for recapture is 10 years. Smoker Year Smoker ----- --------------------- 1 0% 2- 10 158% + $.10 per $1000 11+ 113% + $.10 per $1000 Substandard reinsurance premiums shall be at the appropriate multiple of the standard rates.
Appears in 4 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)
