Common use of Reinsurance Premium Rates Clause in Contracts

Reinsurance Premium Rates. RATES AND CALCULATION. The reinsurance premiums per $1000 are shown in Schedule B. Reinsurance premiums for renewals will be calculated using (1) the issue age of the insured, (2) the duration since issuance and (3) the current underwriting classification. Reinsurance premiums for any face amount increases are calculated using (1) the age of the insured as of the effective date of the increase, (2) the duration since the effective date of the increase and (3) the current underwriting classification.

Appears in 2 contracts

Samples: Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life Variable Universal Account)

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Reinsurance Premium Rates. RATES AND CALCULATIONa. LIFE REINSURANCE. The reinsurance premiums per $1000 are shown in Schedule B. Reinsurance premiums for renewals will be calculated using (1) the issue age of the insuredinsured under the policy, (2) the duration since issuance and (3) the current underwriting classification. Reinsurance premiums for any face amount increases are calculated using (1) the age of the insured as of the effective date of the increase, (2) the duration since the effective date of the increase policy and (3) the current underwriting classification.

Appears in 1 contract

Samples: Automatic and Facultative (Pruco Life Variable Universal Account)

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Reinsurance Premium Rates. a. RATES AND CALCULATION. The reinsurance premiums per $1000 are shown in Schedule B. Reinsurance premiums for renewals will be calculated using (1) the issue age of the insured, (2) the duration since issuance and (3) the current underwriting classification. Reinsurance premiums for any face amount increases are calculated using (1) the age of the insured as of the effective date of the increase, (2) the duration since the effective date of the increase and (3) the current underwriting classification.

Appears in 1 contract

Samples: Automatic (Pruco Life Variable Universal Account)

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