Common use of REINSURED RISK AMOUNT Clause in Contracts

REINSURED RISK AMOUNT. 5.1 Reinsured risk amounts will be calculated on each policy anniversary; during a policy year, reinsured risk amounts are adjusted if and only if there is an increase or decrease in policy specified amount. If the net amount at risk on a reinsured policy drops below the Ceding Company's limit of retention as defined in Exhibit A - Retention Limits of the Ceding Company, then the Ceding Company will terminate the reinsurance on the policy. If the net amount at risk subsequently increases above the Ceding Company's retention, then the excess amounts over the retention limit will continue to be retained by the Ceding Company, unless the increase is due to an underwritten, non-contractual increase. In the event of such a non-contractual increase, the Ceding Company may reinsure the total net amount at risk in excess of the retention limit.

REINSURED RISK AMOUNT. 5.1 Reinsured risk amounts will be calculated on each policy anniversary; during a policy year, reinsured risk amounts are adjusted if and only if there is an increase or decrease in policy specified amount. If the net amount at risk on a reinsured policy drops below the Ceding Company's limit of retention as defined in Exhibit A - Retention Limits of the Ceding Company, then the Ceding Company will terminate the reinsurance on the policy. If the net amount at risk subsequently increases above the Ceding Company's retention, then the excess amounts over the retention limit will continue to be retained by the Ceding Company, unless the increase is due to an underwritten, underwritten non-contractual increase. In the event of such a non-contractual increase, the Ceding Company company may reinsure the total net amount at risk in excess of the retention limit.

REINSURED RISK AMOUNT. 5.1 Reinsured risk amounts will be calculated on each policy anniversary; during a policy year, reinsured risk amounts are adjusted if and only if there is an increase or decrease in policy specified amount. If the net amount at risk on a reinsured policy drops below the Ceding Company's limit of retention as defined in Exhibit A - Retention Limits of the Ceding Company, then the Ceding Company will terminate the reinsurance on the policy. If the net amount at risk subsequently increases above the Ceding Company's retention, then the excess amounts over the retention limit will continue to be retained by the Ceding Company, unless the increase is due to an underwritten, non-contractual increase. In the event of such a non-non- contractual increase, the Ceding Company may reinsure the total net amount at risk in excess of the retention limit.

REINSURED RISK AMOUNT. 5.1 Reinsured risk amounts will be calculated on each policy anniversary; during a policy year, reinsured risk amounts are adjusted if and only if there is an increase or decrease in policy specified amount. If the net amount at risk on a reinsured policy drops below the Ceding Company's limit of retention as defined in Exhibit A - Retention Limits of the Ceding Company, then the Ceding Company will terminate the reinsurance on the policy. If the net amount at risk subsequently increases above the Ceding Company's retention, then the excess amounts over the retention limit will continue to be retained by the Ceding Company, unless the increase is due to an underwritten, non-contractual increase. In the event of such a non-contractual noncontractual increase, the Ceding Company may reinsure the total net amount at risk in excess of the retention limit.

REINSURED RISK AMOUNT. 5.1 Reinsured risk amounts will be calculated on each policy anniversary; during a policy year, reinsured risk amounts are adjusted if and only if there is an increase or decrease in policy specified amount. If the net amount at risk on a reinsured policy drops below the Ceding Company's limit of retention as defined in Exhibit A - Retention Limits of the Ceding Company, then the Ceding Company will terminate the reinsurance on the policy. If the net amount at risk subsequently increases above the Ceding Company's retention, then the excess amounts over the retention limit will continue to be retained by the Ceding Company, unless the increase is due to an underwritten, non-contractual noncontractual increase. In the event of such a non-non- contractual increase, the Ceding Company may reinsure the total net amount at risk in excess of the retention limit.