Common use of Reinsurance Limits Clause in Contracts

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the Reinsurer: $5,000 Minimum Final Reinsurance Limit ceded to the Reinsurer: $1,000 Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 4 contracts

Samples: Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4)

AutoNDA by SimpleDocs

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 25,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 Minimum Initial Facultative Reinsurance Limit25,000 Effective June 1, 2007 - May 31, 2019: $250,000 (face amount) to age 70 $100,001 (face amount) over age 7070 Effective June 1, 2019: $500,000 (face amount) all ages* * The Company will submit an underwriting summary with each facultative case submitted to the Reinsurer.

Appears in 2 contracts

Samples: Automatic Self Administered Yrt Reinsurance Agreement (Thrivent Variable Life Account I), Automatic Self Administered Yrt Reinsurance Agreement (Thrivent Variable Life Account I)

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 0 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 0 Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70for all ages

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 20,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 N/A Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 1 contract

Samples: Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)

AutoNDA by SimpleDocs

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 Minimum Initial Facultative Reinsurance Limit: N/A $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!