Common use of Reinsurance Terms Clause in Contracts

Reinsurance Terms. 2.1. SAFECO agrees to cede, and Lincoln agrees to accept, the ADB Reinsurance Amount as Automatic Reinsurance if 2.1.1. SAFECO retains the following amounts of ADB on a life: SAFECO’S life insurance Retention less the amount of life insurance then retained on the life by SAFECO 2.1.2. the sum of ADB issued by SAFECO then in force on the insured life and the amount of ADB then being applied for from SAFECO does not exceed the sum of SAFECO’S ADB Retention and the following amounts: 2.1.3. the sum of the amount of ADB then in force on the insured life in all companies and the amount of ADB then being applied for on the insured life from all companies does not exceed the following amounts: 2.2. Lincoln’s liability for ADB shall begin simultaneously with SAFECO. To place ADB reinsurance into effect, SAFECO need only report ADB reinsurance on a bulk basis within sixty (60) days following the end of each reinsurance term. The report shall provide a listing of Policies subject to ADB reinsurance, show the average amount of ADB reinsurance in force during the reinsurance term, and calculate the amount of reinsurance premiums due for such reinsurance. 2.3. ADB reinsurance premiums shall equal the average ADB Reinsurance Amount in force during the Reinsurance Term times the appropriate rate shown below. Reinsurance premiums are payable in arrears and due with the bulk ADB report. ADB reinsurance premiums shall be due even if a Policy is subject to a waiver of premium claim. 2.4. Lincoln shall pay the ADB Reinsurance Amount of all ADB claims incurred during the reinsurance term. Claims shall be reported and paid as incurred. Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corp., this information has been filed separately with the Securities and Exchange Commission. 2.5. If SAFECO increases its ADB Retention on new Policies, it agrees to notify Lincoln in writing within sixty (60) days of such increase. In force ADB reinsurance shall not be eligible for recapture without Lincoln’s express written consent, which Lincoln agrees not to unreasonably withhold. Either SAFECO or Lincoln may terminate ADB reinsurance as of the end of a reinsurance term for Policies issued after the end of such reinsurance term by giving ninety (90) days’ advance written notice to the other party. ACCELERATED BENEFITS RIDER ADDENDUM (Effective as of January 1, 2000) to Agreement Number 12 The provisions of the Agreement shall apply in all respects to reinsurance of an Accelerated Benefits Rider except as otherwise set forth in this Addendum. This Addendum is referred to as “ABR” in the “Applicable Addendum” column of the Policies Reinsured section of the Life Benefits Schedule.

Reinsurance Terms. 2.1. SAFECO agrees to cede, and Lincoln agrees to accept, Lincoln’s Proportionate Share of the ADB Reinsurance Amount as Automatic Reinsurance ifWaiver of Premium Benefit if the following conditions are met: 2.1.1. SAFECO retains the following amounts of ADB Waiver of Premium Benefit on a life: SAFECO’S An amount equal to its Retention of individual life insurance Retention less of the amount of life insurance then retained on the life by SAFECOinsured person. 2.1.2. the The sum of ADB Waiver of Premium Benefit issued by SAFECO then in force on the insured life and the amount of ADB Waiver of Premium Benefit then being applied for from SAFECO does not exceed the sum of SAFECO’S ADB Waiver of Premium Retention and the following amounts: 2.1.3. the The sum of the amount of ADB Waiver of Premium Benefit then in force on the insured life in all companies and the amount of ADB Waiver of Premium Benefit then being applied for on the insured life from all companies does not exceed the following amounts: 2.2. Lincoln’s liability for ADB shall begin simultaneously with SAFECO. To SAFECO agrees to place ADB Waiver of Premium reinsurance into effect, SAFECO need only report ADB reinsurance on a bulk basis within sixty (60) days effect by following the end procedures for placing life reinsurance into effect as set forth in the Administrative Schedule of each reinsurance term. The report shall provide a listing of Policies subject to ADB reinsurance, show the average amount of ADB reinsurance in force during the reinsurance term, and calculate the amount of reinsurance premiums due for such reinsuranceAgreement. 2.3. ADB Waiver of Premium Benefits shall be coinsured with Lincoln. Reinsurance shall follow the forms of SAFECO. SAFECO agrees to pay Lincoln reinsurance premiums for Waiver of Premium reinsurance equal to Lincoln’s Proportionate Share of the appropriate premium rates as specified in the Premium and Allowance Schedule less an allowance of [***] of such premium in the first year and [***] in renewal years. Waiver of Premium reinsurance premiums are payable with the same frequency as, and due with, the associated life reinsurance premium. Waiver of Premium reinsurance premiums shall equal not be due while a Waiver of Premium Benefit is being paid. However, while a Waiver of Premium Benefit is being paid, SAFECO agrees to continue to pay Lincoln premiums for reinsurance of other benefits provided by the average ADB Reinsurance Amount Policy in force during the Reinsurance Term times the appropriate rate shown below. Reinsurance premiums are payable in arrears and due accordance with the bulk ADB report. ADB reinsurance premiums shall be due even if a Policy is subject to a waiver of premium claim. 2.4. Lincoln shall pay the ADB Reinsurance Amount of all ADB claims incurred during the reinsurance term. Claims shall be reported and paid as incurredAgreement or applicable addenda. Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corp., this information has been filed separately with the Securities and Exchange Commission. 2.52.4. If SAFECO increases its ADB Retention on new Policiesagrees to give Lincoln prompt notice of any Waiver of Premium claim, it and upon request, agrees to provide proof of the insured person’s continuing disability. Lincoln’s reinsurance liability for Waiver of Premium claims shall equal Lincoln’s Proportionate Share of Policy premiums waived by SAFECO under the Policy. SAFECO agrees to notify Lincoln upon the termination of a Waiver of Premium claim and agrees to resume paying Waiver of Premium reinsurance premiums starting with the beginning of the first month following the date the person is no longer eligible for such Waiver of Premium Benefit. 2.5. SAFECO may elect to recapture reinsurance of in writing within sixty (60) days force Waiver of Premium reinsurance in accordance with the procedures set forth in the Agreement. If SAFECO elects to recapture such increase. In force ADB reinsurance but an insured person is subject to a Waiver of Premium claim when an increase of its Waiver of Premium Retention would otherwise become effective, Waiver of Premium reinsurance shall not be eligible for remain at the current Retention until the Policy returns to a premium-paying status. After such time, the intended recapture without Lincoln’s express written consent, which Lincoln agrees not to unreasonably withholdshall occur. Either SAFECO or Lincoln may terminate ADB reinsurance as of the end of a reinsurance term for Policies issued after the end of such reinsurance term by giving ninety (90) days’ advance written notice to the other party. ACCELERATED BENEFITS RIDER ACCIDENTAL DEATH BENEFIT ADDENDUM (Effective as of January 1, 2000) to Agreement Number 12 The provisions of the Agreement shall apply in all respects to reinsurance of an Accelerated Benefits Rider the Bulk Accidental Death Benefit provided by the Policies except as otherwise set forth in this Addendum. This Addendum is referred to as “ABRADB” in the “Applicable Addendum” column of the Policies Reinsured section of the Life Benefits Schedule.

Reinsurance Terms. 2.1. SAFECO Farm Bureau agrees to cede, and Lincoln agrees to accept, Lincoln's Proportionate Share of the ADB Reinsurance Amount as Automatic Reinsurance ifWaiver of Premium Benefit if the following conditions are met: 2.1.1. SAFECO Farm Bureau retains the following amounts of ADB Waiver of Premium Benefit on a life: SAFECO’S life insurance Retention less the amount $7,500 of life insurance then retained on the life by SAFECOAnnual Premium 2.1.2. the sum of ADB Waiver of Premium Benefit issued by SAFECO Farm Bureau then in force on the insured life and the amount of ADB Waiver of Premium Benefit then being applied for from SAFECO Farm Bureau does not exceed the sum of SAFECO’S ADB Retention Farm Bureau's face amount of the Policy that corresponds with the amount of annual premium retained as specified above and the following amounts: 2.1.3. the sum of the amount of ADB Waiver of Premium Benefit then in force on the insured life in all companies and the amount of ADB Waiver of Premium Benefit then being applied for on the insured life from all companies does not exceed the following amounts: 2.2. Lincoln’s liability for ADB shall begin simultaneously with SAFECO. To Farm Bureau agrees to place ADB Waiver of Premium reinsurance into effect, SAFECO need only report ADB reinsurance on a bulk basis within sixty (60) days effect by following the end procedures for placing life reinsurance into effect as set forth in the Administrative Schedule of each reinsurance term. The report shall provide a listing of Policies subject to ADB reinsurance, show the average amount of ADB reinsurance in force during the reinsurance term, and calculate the amount of reinsurance premiums due for such reinsuranceAgreement. 2.3. ADB Waiver of Premium Benefits shall be coinsured with Lincoln Reinsurance shall follow the forms of Farm Bureau. Farm Bureau agrees to pay Lincoln reinsurance premiums for Waiver of Premium reinsurance equal to Lincoln's Proportionate Share of the premium rates as shown in the Premium Schedule and labeled "UL/VUL NEW ISSUES-Waiver of Charges Percentages" less an allowance of 75% of such premium in the first year and 10% in renewal years. Waiver of Premium reinsurance premiums are payable with the same frequency as, and due with, the associated life reinsurance premium. Waiver of Premium reinsurance premiums shall equal not be due while a Waiver of Premium Benefit is being paid. However, while a Waiver of Premium Benefit is being paid, Farm Bureau agrees to continue to pay Lincoln premiums for reinsurance of other benefits provided by the average ADB Reinsurance Amount Policy in force during the Reinsurance Term times the appropriate rate shown below. Reinsurance premiums are payable in arrears and due accordance with the bulk ADB report. ADB reinsurance premiums shall be due even if a Policy is subject to a waiver of premium claimAgreement or applicable addenda. 2.4. Farm Bureau agrees to give Lincoln prompt notice of any Waiver of Premium claim, and upon request, agrees to provide proof of the insured person's continuing disability. Lincoln's reinsurance liability for Waiver of Premium claims shall pay equal Lincoln's Proportionate Share of Policy Premiums waived by Farm Bureau under the ADB Reinsurance Amount of all ADB claims incurred during the reinsurance termPolicy. Claims shall be reported and paid as incurred. Portions marked [***] have been omitted pursuant to a Confidential Treatment Request by Symetra Financial Corp., this information has been filed separately with the Securities and Exchange Commission. 2.5. If SAFECO increases its ADB Retention on new Policies, it Farm Bureau agrees to notify Lincoln in writing within sixty (60) days upon the termination of such increase. In force ADB a Waiver of Premium claim and agrees to resume paying Waiver of Premium reinsurance shall not be premiums starting with the beginning of the first month following the date the person is no longer eligible for recapture without Lincoln’s express written consent, which Lincoln agrees not to unreasonably withhold. Either SAFECO or Lincoln may terminate ADB reinsurance as such Waiver of the end of a reinsurance term for Policies issued after the end of such reinsurance term by giving ninety (90) days’ advance written notice to the other party. ACCELERATED BENEFITS RIDER ADDENDUM (Effective as of January 1, 2000) to Agreement Number 12 The provisions of the Agreement shall apply in all respects to reinsurance of an Accelerated Benefits Rider except as otherwise set forth in this Addendum. This Addendum is referred to as “ABR” in the “Applicable Addendum” column of the Policies Reinsured section of the Life Benefits SchedulePremium Benefit.